21.05.2022
Chicago 12, Melborne City, USA
Forex guide

Pound Climbs As UK Retail Sales Rise Unexpe …

The pound appreciated against its most major counterparts in the European session on Friday, as the nation’s retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Data from the Office for National Statistics showed that retail sales expanded 1.4 percent monthly, […]

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Gold Inches Higher On Dollar Weakness

Gold prices rose slightly on Friday, as the dollar eased and was on track for a 1.5 percent weekly fall amid improved risk sentiment in global markets. Global bond yields were also mostly lower amid growing fears of a recession. Spot gold edged up 0.3 percent to $ 1,847.13 per ounce, while US gold futures […]

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* Taiwan April Export Orders Down 5.5% On Year …

Taiwan April Export Orders Down 5.5% On Year, Consensus + 8.3%

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China Cuts Lending Rates To Cushion Property …

China’s central bank unexpectedly lowered its lending rates for long-term loans, a move that is set to prop up lending to the property market. The five-year loan prime rate, or LPR, the benchmark for mortgage rates, was lowered by a record 15 basis points to 4.45 percent from 4.60 percent, the People’s Bank of China […]

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* UK Apr Retail Sales Excld Auto Fuel Up 1.4% …

UK Apr Retail Sales Excld Auto Fuel Up 1.4% MoM, Consensus -0.2%

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Forex guide

European Economics Preview: UK Retail Sales D …

Retail sales data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales data for April. Sales are forecast to fall 0.2 percent on a monthly basis, slower than the 1.4 percent decrease posted in March. […]

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Treasuries Pull Back Off Early Highs But Stil …

Following the upturn seen over the course of the previous session, treasuries saw some further upside during trading on Thursday. Bond prices gave back ground after seeing early strength but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3.1 basis points […]

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Dollar Exhibits Weakness Against Major Rivals …

The US dollar turned weak against most of its major counterparts on Thursday, after having rebounded in the previous session and regained some ground it had lost earlier in the week. The dollar index, which had climbed to a two-decade high at 105.01 on Friday, dropped to 102.66 today before recovering slightly to 102.84, still […]

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South Korea Producer Prices Spike 9.2% On Yea …

Producer prices in South Korea jumped 9.2 percent on year in April, the Bank of Korea said on Friday – accelerating from 9.0 percent in March. Individually, prices were down 1.5 percent on year for agricultural, forestry and marine products; up 14.4 percent for manufacturing products; up 16.0 percent for utilities; and up 2.8 percent […]

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* Japan Overall Inflation + 2.5% On Year In Apr …

Japan Overall Inflation + 2.5% On Year In April; Core CPI + 2.1% On Year

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