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Markets
Stocks slip, as new phase of Iran war drags on, Tesla fails to impress with AI plans
Key takeaways Tanker war stretches beyond the Strait of Hormuz for first time No timeline to end the war Optimism…
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Markets
European PMI Plunges as Iran Conflict Batters Economic Activity
Germany (PMI Composite): The index dropped sharply to 48.3 from 51.9, marking an unexpected contraction in private-sector activity for the…
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Markets
Chart of the Day – USD/JPY Under The Shadow of Hormuz and the BOJ?
The USDJPY pair continues to trade in a heightened uncertainty environment, where geopolitical factors, macroeconomic data, and growing expectations regarding…
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Economics
Eurozone Manufacturing PMI Hits Near Four-Year High
The Eurozone’s Manufacturing PMI climbed to 52.2 in April 2026 from 51.6 in March, surpassing expectations of 50.8 and marking…
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Economics
UK Manufacturing PMI Surges to Near Four-Year High, Private sector Rbounds
The UK Manufacturing PMI jumped to 53.6 in April 2026 from 51.0 in March, exceeding expectations of 49.9 and marking…
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Economics
Norway Business Morale Weakens in Q1
Norway’s industrial confidence fell to 1.2 in Q1 2026, from 2.6 in the previous quarter, and bellow its long-term average…
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Economics
UK Public Borrowing Narrows in March
UK public sector net borrowing (excluding public sector banks) narrowed to £12.6 billion in March 2026 from £14.0 billion in…
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Economics
Saudi Arabia Trade Surplus Narrows Slightly in February
Saudi Arabia recorded a trade surplus of SAR 23.0 billion in February 2026, narrowing slightly from SAR 23.2 billion in…
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UK Gilt Yields Near 18-Year High on Mounting Inflation Fears
UK 10-year gilt yields approached 4.9%, close to their highest level since 2008, as escalating US-Iran tensions and surging oil…
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Forex
Canadian Dollar flat lines as traders await US PMI data
USD/CAD holds steady near 1.3670 in Thursday’s early European session. Trump extended the ceasefire and vowed to continue the US…
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