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Eurozone M3 Growth Improves; Private Sector Credit Rises At Faster Pace
Eurozone money supply logged a faster growth and private sector credit growth accelerated, data from the European Central Bank showed on Thursday. The broad monetary aggregate M3 climbed 0.4 percent annually, much faster than the 0.1 percent rise in January. This was the third consecutive rise and a
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Gold prices shine amid a strong US Dollar despite pullback from daily highs
Gold rises amid US Dollar fluctuations and lower US Treasury yields. DXY's slight increase contests Gold's ascent, but bond rates boost it. Mixed US data: High Durable Goods Orders, lower Consumer Confidence sway sentiment. Gold price trades in the green but is off the day's highs of $2,200 reached
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U.S. Durable Goods Orders Jump Slightly More Than Expected In February
Partly reflecting a rebound in orders for transportation equipment, the Commerce Department released a report on Tuesday showing a notable increase in new orders for U.S. manufactured durable goods in the month of February. The report said durable goods orders jumped by 1.4 percent in February after
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US Dollar extends rally as markets defy Fed’s view on interest-rate cuts
The US Dollar jumps higher for the second day in a row. Traders are challenging the Fed's dovish stance, casting doubts over its forecasts of three rate cuts for this year. The US Dollar Index snaps firmly above 104.00 and breaks substantial support levels. The US Dollar (USD) is basking in the glor
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BoJ’s Ueda: BoJ's JGB holdings will remain at current levels for the time being
Bank of Japan Governor Kazuo Ueda said on Friday that the central bank’s “Japanese government bond (JGB) holdings will remain at current levels for the time being.” On Thursday, the BoJ Governor noted that he expects to maintain an accommodative monetary policy for the time being, fuelling a bout of
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