Eurozone Short-Dated Yields Edge Lower as Sintra Forum Takes Center Stage
Short-dated eurozone government bond yields declined on Tuesday, as market participants turned their attention to the European Central Bank’s annual forum in Sintra,
Forex News
Forex News
BNY: Fed’s Flexible Reserve Management and Balance Sheet Risks Demand Close Watch
Bank of New York Mellon (BNY) has released an analysis highlighting the delicate balance the Federal Reserve must strike as it manages reserve
Forex News
Austria Producer Price Index Growth Slows to 0.5% in May, Easing Inflation Pressure
VIENNA — Austria’s Producer Price Index (PPI) rose by 0.5% month-over-month in May, a notable deceleration from the 0.9% increase recorded in April,
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Turkey Trade Deficit Widens to $5.61 Billion in May, Slightly Missing Forecasts
Turkey’s trade balance deficit expanded to $5.61 billion in May, according to official data released this week, falling just short of the market
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AUD/USD Forecast: Bearish Pressure Mounts as Decline Below 0.6830 Looms
The Australian dollar remains under pressure against the US dollar, with technical indicators pointing to a likely extension of the current decline below
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Gold Stages Modest Recovery From YTD Low, But Fed Rate Hike Bets and Strong Dollar Cap Gains
Gold prices edged higher on Tuesday, recovering some of the ground lost after dipping to their lowest level of the year in the
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Euro Holds Losses Against Pound Despite Stronger German Retail Sales Data
The euro remained under pressure against the British pound on Tuesday, holding onto recent losses even after Germany reported stronger-than-expected retail sales data
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ECB’s Lane: Oil Prices for 2027 and 2028 Remain Above Pre-War Levels, Signaling Persistent Inflation Risk
The European Central Bank’s chief economist, Philip Lane, has indicated that oil prices are expected to remain above pre-Ukraine war levels through 2027
Forex News
Germany’s Retail Sales Surge 1.8% in May, Soundly Beating Expectations
Germany’s retail sector delivered a stronger-than-expected performance in May, with sales climbing 1.8% month-on-month, according to data released by the Federal Statistical Office
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Germany Import Prices Rise More Than Expected in May, Adding to Inflationary Pressure
Germany’s Import Price Index rose by 0.7% month-on-month in May, surpassing market expectations of a 0.6% increase, according to official data released today.