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New York Federal Reserve President John Williams said on Thursday that he doesn't feel an urgency to cut rates, per Reuters. Key takeaways Fed is data dependent and the data have been very good." "We have a strong economy." Fed rates haven't caused the economy to slow too much." "Economic imbalances

Brent crude oil prices decreased slightly on Wednesday, falling to 89.50 USD per barrel. The decline is primarily attributed to concerns over global oil demand, particularly given the economic indicators coming out of China, the world's largest energy importer. Although China's GDP grew faster than

Curious about what JRFX CFD means? If you're new to the world of trading, the term "CFD" may seem unfamiliar. In this article, we'll delve into the meaning of JRFX CFD, how it works, and why it's a popular choice among traders. What is CFD? CFD stands for Contract for Difference. It's a popular trad

Amidst mounting concerns over the resilience of the Chinese economy, Tuesday's data releases from Beijing delivered a mixed bag of results, leaving investors grappling with a multitude of uncertainties. On the one hand, China's headline Q1 GDP figure of 5.3% exceeded expectations, suggesting a stron

Homebuilder confidence in the U.S. came in flat in the month of April, the National Association of Home Builders revealed in a report released on Monday. The report said the NAHB/Wells Fargo Housing Market Index came in at 51 in April, unchanged from March and in line with economist estimates. The u

Analysts at Rabobank share their view on the Pound Sterling's short-term outlook against the Euro and the US Dollar. EUR/GBP to dip to 0.84 in the second half of 2024 "It has been our view for some time that EUR/GBP could break below the 0.85 level this year. This view is based on the forecast of a

The Japanese yen is drifting on Tuesday. In the European session, USD/JPY is trading at 151.88, up 0.02%. It’s as light data calendar today. Japan’s average cash earnings rose 1.8% y/y in February after a 2% gain in January. This beat the market estimate of 1.4%. Still, the better-than-expected wage