TechRound
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BoC's Macklem: We don't have to do what the Fed does
Bank of Canada (BoC) Governor Tiff Macklem hit newswires late Wednesday, reiterating that the BoC isn't beholden to following the Federal Reserve's (Fed) playbook as the two central banks grapple with slightly different economic situations. Key highlights BoC is getting close to being able to cut ra
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Navigating stagflation [Video]
In the latest episode of the Money Metals Midweek Memo, host Mike Maharrey delves into the complexities of the current economic landscape including that of China as a member of BRICS, Federal Reserve policies, and stagflation. China’s growing influence on the global economy Mike Maharrey highlights
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US ISM Manufacturing PMI drops to 49.2 in April vs 50.0 expected
ISM Manufacturing PMI fell into contraction territory in April. US Dollar Index fluctuates in its daily range above 106.00. The business activity in the US manufacturing sector contracted in April, with the ISM Manufacturing PMI dropping to 49.2 from 50.3 in March. This reading came in below the mar
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EUR/USD: US Dollar is back in the fore and Fed's President comments could strengthen it more
The European single currency has lost ground near the 1.0650 level as the US dollar has returned to the fore and is recording gains against all major currencies. Pressures on international stock markets have returned to the table and as a result the US currency receiving the benefits as it tradition
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Dow Jones Industrial Average gains on Monday ahead of midweek Fed showing
Dow Jones climbs 0.4% as equities lean bullish to kick off the trading week. Tech Sector gains ground, Telecoms Services retreat. Fed rate call slated for Wednesday. The Dow Jones Industrial Average (DJIA) is testing into the high side on Monday, with around two-thirds of listed securities on the ma
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Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, the same as in February, t
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Ready to Start Trading? Choose JRFX, the Best Forex Platform for Beginners!
Are you eager to dive into the exciting world of forex trading but unsure where to begin? Look no further than JRFX, the ultimate destination for novice traders seeking to embark on their investment journey. Here's why JRFX stands out as the best forex platform for beginners. Accessible Welcome Bonu
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USD/JPY holds near 155.50 after Tokyo CPI inflation eases more than expected
Japan’s Tokyo CPI inflation fell below forecasts early Friday. US data confounded rate-hungry investors on Thursday. Markets await BoJ rate call, US PCE Price Index figures. Japan’s Tokyo Consumer Price Inflation (CPI) inflation printed well below expectations early Friday, which will complicate the
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Pull-up Update