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Economic data from the US kept investors in a cautious mode yesterday as the latest wave of data showed that the US economic growth was indeed strong at 3.2% for the Q4, but that was slightly lower than the 3.3% penciled in by analysts; consumer spending remained strong while the price indicators were higher than […]

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07/05/2024

Brent Crude Oil Experiences Modest Uptick Amid Mixed Market Signals

Brent crude oil is seeing a slight increase on Tuesday, priced around $83.57 per barrel. The market remains close to two-month lows, caught between optimism for a peaceful resolution to the Middle East conflict and concerns over crude oil inventories in the United States. The primary focus in the stock market currently revolves around the […]
16/04/2024

China’s Q1 GDP Growth Next on Asian Calendar

China’s Q1 GDP expected to fall below 5.0% on Tuesday at 02:00 GMT Expansion to remain solid but unlikely to quell stimulus calls AUDUSD tests lower boundary of the 2024 range China to report weaker GDP after disappointing trade data China remains a major trade partner for advanced economies such as the US and Europe, […]
01/11/2024

Dollar Could Get a Boost from Friday’s US Jobs Data

Markets are preparing for next week’s US election Key US data on Friday, a week before the Fed meeting Another strong set of data could endanger the Fed rate cut The dollar could get a meaningful boost against the yen US election in the spotlight The US presidential election continues to monopolize the market’s interest. […]