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© Reuters. Monday saw the U.S. Dollar reach its highest level since March, as investors sought safer options amidst speculation that central banks would maintain high interest rates to curb inflation. This development coincided with a decline in U.S. government bonds, while stocks remained steady. The and the , heavily influenced by technology companies, showed
Share: While speaking before the European Parliament’s Committee on Economic and Monetary Affairs on Monday, European Central Bank (ECB) President Christine Lagarde said that a recession was not a part of the baseline scenario. Lagarde added that the ECB was not talking about rate cuts and noted that the European labor market was finally
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DAX, EU Stocks 50 News and Analysis ECB officials have their say, Villeroy, Schnabel, Lagarde German Bund yields reach yearly high, Euro falls EU Stoxx 50 breaches crucial support, focusing on The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our comprehensive education library
Costco is an American multinational corporation founded in 1983, which engages in the operation of over 850 membership warehouses through wholly owned subsidiaries. It has been the world’s largest retailer of choice and prime beef, organic food, rotisserie chicken and wine since 2016, and ranked in the top 5 largest retailers in the world since
it’s 100 day moving averages at 13480.63 The major US indices are opening lower to start the trading week. A snapshot of the market currently shows: Dow industrial average down -115.66 points or -0.34% at 33848.19 S&P index -13.59 points or -0.31% at 4306.46 NASDAQ index -48.08 points or -0.38% at 13163.73 Technically, the major
USD/JPY closes in on eleven month highs Interest rate differentials continue to crush the Yen after BoJ stood pat last week Markets suspect it’s more likely to step in and bolster the Yen at current levels The Japanese Yen fell to a ten-month low against a generally stronger United States Dollar on Monday, pushing USD/JPY
© Reuters. The Pound (GBP) experienced further losses on Friday, rounding off a challenging week marked by a deepening contraction in the U.K.’s service sector activity, according to the latest survey. This development has intensified recession fears and fueled expectations that the Bank of England (BoE) has concluded its interest rate hikes. The Confederation of
Share: Gold price remains under pressure as the US economy remains resilient despite higher interest rates. The US economy is comfortably absorbing the consequences of the Fed’s higher interest rates. Fed’s Collins says further policy tightening is not off the table. Gold price (XAU/USD) trades back and forth as uncertainty over the interest
