Genevieve
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Japan Inflation: Tokyo Consumer Price Index rises 1.8% YoY in April vs. 2.6% expected
The headline Tokyo Consumer Price Index (CPI) for April rose 1.8% YoY, compared to a 2.6% rise in the previous reading, the Statistics Bureau of Japan showed on Friday. Meanwhile, the Tokyo CPI ex Fresh Food, Energy increased 1.8% YoY versus 2.7% expected and the previous reading of 2.9% rise. Addit
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Pound edges higher after soft US GDP
The British is in positive territory on Thursday. In the North American session, GBP/USD is trading at 1.2492, up 0.23%. US GDP slows to 1.6% Is the US economy finally slowing down? Recent key indicators, from nonfarm payrolls to consumer inflation have been stronger than expected, but the markets c
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AUD/USD outlook: Extended recovery attacks key resistance zone again
AUD/USD Strong rally extends into fourth consecutive day and retests pivotal barriers at 0.6526/29 (converged 200/55DMA’s) which capped attack previous day. Fresh strength offsets for now bearish signal on formation of daily inverted hammer candlestick on Wednesday, left after upside rejection and s
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Meta takes a guidance slide amidst the battle between yields and earnings
Wednesday saw a back-and-forth session for traders grappling with the challenge of rising US yields amid encouraging earnings reports. However, late-hours trading witnessed a downturn in the S&P 500 as major tech stocks, including Meta Platforms Inc., experienced a sell-off. Meta's disappointing
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Sensex, Nifty Likely To Open Lower As Meta Outlook Disappoints
Indian shares look set to open lower on Thursday, tracking weak cues from global markets and ahead of the expiry of April series derivative contracts. Tech stocks may come under selling pressure after Meta Platforms disappointed investors with forecasts of higher expenses and lighter-than-expected r
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EUR/GBP depreciates to near 0.8600 after mixed Eurozone and UK PMI figures
EUR/GBP received downward pressure after the mixed UK PMI data released on Tuesday. ECB Vice President Luis de Guindos stated that the central bank plans to lower interest rates in June. UK Services PMI improved to 54.9 in April, against the expected 53.0 and 53.1 prior. The EUR/GBP cross pared its
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Pull-up Update