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Economics
Mixed Eurozone PMI Data While Manufacturing Improves
08:00 AM GMT, Euro Zone – PMI Data for April: HCOB Eurozone Manufacturing PMI: actual 48.7; forecast 47.4; previous 48.6; HCOB Eurozone Composite PMI:…
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Economics
A Muted EUR/USD After Lower German PMI Data
07:30 AM GMT, Germany – PMI Data for April: HCOB Germany Services PMI: actual 48.8; forecast 50.3; previous 50.9; HCOB Germany Manufacturing PMI: actual…
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Economics
Economic Calendar – PMI Data in Focus
Today, the most important reports scheduled in the calendar will be the preliminary PMI reports for April. However, it’s also…
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Markets
Mid-Morning Market Update
Stock markets rose sharply after Trump softened his tone, gains are especially visible in the USA. Futures contracts on the…
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Markets
Tesla Q1 Results – 71% Drop in Net Profit YoY
Revenue: USD 19.3 bn, ‑9 % YoY (driven mainly by lower Model Y volume and ongoing price incentives) Earnings per share (GAAP): USD 0.12 (‑71 % YoY); earnings per…
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Forex
USD/CHF Outlook remains bearish below 0.8250
USD/CHF gains traction to around 0.8225 in Wednesday’s early European session. The negative outlook of the index remains in play…
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Forex
GBP/USD weakens below 1.3300 as US Dollar rises
GBP/USD softens to around 1.3280 in Wednesday’s early Asian session. Markets react positively to Trump’s de-escalation, supporting the US Dollar. …
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Forex
NZD/USD strengthens above 0.5950 amid hopes for US-China trade deal
NZD/USD edges higher to near 0.5980 in Wednesday’s Asian session. The US Treasury secretary said a trade war with China…
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Forex
EUR/USD Bounces off 1.1300 neighbourhood; shows resilience below 23.6% Fibo.
EUR/USD drifts lower for the second straight day amid a further USD recovery from a multi-year low The technical setup…
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Forex
USD/CAD trades higher near 1.3850 due to potential de-escalation of ongoing tariff dispute
USD/CAD gains as the US Dollar strengthens after Treasury Secretary Scott Bessent hinted at a potential de-escalation in trade tensions.…
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