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CAC 40 Gains Led By Banks
French stocks traded higher on Friday, as encouraging bank earnings outweighed weak data showing that France's industrial production declined unexpectedly in March after rebounding in the previous month. Industrial output dropped 0.3 percent on a monthly basis, reversing a 0.2 percent rise in the pr
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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 Federal Reserve Decision Preview: Markets look for clues about interest rate cut timing
The Federal Reserve is widely anticipated to keep interest rates unchanged. Fed Chairman Powell’s remarks could provide important clues about the timing of the policy pivot. Markets see a strong chance that the Fed will wait until September to lower the interest rate. The US Federal Reserve (Fed) wi
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Swiss KOF Leading Indicator Rises For First Time In 3 Months
A measure of the turning points in Switzerland's economy rose in April after declining in the previous two months, suggesting an improvement in the outlook, survey data from the KOF Swiss Economic Institute showed on Tuesday. The KOF Economic Barometer rose to 101.8 from 100.4 in March, which was re
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Japanese Yen drops to 34-year low
In focus today Focus today is on German and Spanish inflation data for April that will give important indications of where the euro area print tomorrow is heading. China releases PMI manufacturing for April overnight from both NBS as well as Caixin. Both indices have increased to decent levels in re
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Pull-up Update