Tabitha
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European Shares Edge Higher Ahead Of Easter Break
European stocks were seeing modest gains on Thursday ahead of a long Easter holiday weekend. Major European markets will be shut for two days on Friday and Monday to celebrate Easter. In economic releases, German retail sales posted an unexpected decline in February. Data from Destatis revealed that
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EUR/USD inches lower to near 1.0820, focus on German Retail Sales, US GDP Annualized
EUR/USD extends its losing streak on dovish remarks from ECB officials. US GDP Annualized is expected to be consistent at a 3.2% increase in Q4. German Retail Sales (MoM) is anticipated to show a 0.3% rise, against the previous decline of 0.4%. EUR/USD continues to lose ground for the third successi
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Beware of consolidation ahead
S&P 500 rose intraday only to repeat the flush in the power hour – the goods orders data above expectations didn‘t go well with soft landing. While that doesn‘t change much for swing traders who would still capitalize on the upleg continuation, the intraday opportunities were amply telegraphed a
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Pre Asia open: Rate cut fever
Friday's slight pullback in stocks came after a week of impressive gains, marking new record highs for all three major indexes. The Dow Jones Industrial Average declined by 305 points, or 0.8%, while the broader S&P 500 saw a marginal dip of 0.1%. In contrast, the Nasdaq managed to eke out a mod
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Pull-up Update