UN raises global economic growth forecast
Daily NewsThe United Nations (UN) stated that the short-term global economic outlook is cautiously optimistic, and raised its global economic growth forecast for this year ...
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The United Nations (UN) stated that the short-term global economic outlook is cautiously optimistic, and raised its global economic growth forecast for this year ...
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Oil is set for a modest weekly gain as futures remain in a tight range and focus remains on the outlook for supply and inflation. Brent crude was trading above $8...
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Fed officials have suggested they are in no rush to cut interest rates. The Fed officials have suggested they are in no rush to cut interest rates, saying the cen...
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Turkey has stated that foreign trade activities with Israel have completely stopped, while Israel will retaliate to the decision by terminating the free trade agr...
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European Central Bank (ECB) Board Member Isabel Schnabel warned against the expectation of consecutive interest rate cuts in June and July. Signals of weakness in...
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05/16/2024 10:57 S&P 500 closed above 5,300 for the first time in history. The risk rally accelerated after the CPI data. Not only the CPI but also the decline in...
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Gold prices rose to their highest in four weeks as inflation and retail sales data from the US supported the possibility of a rate cut. Gold continued to rise for...
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Oil rose for a second day, supported by a tightening U.S. inventories and broader risk appetite fueled by signs of easing U.S. inflation. Global benchmark Brent r...
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Asian stocks rose after Wall Street rose on weak inflation data; Japan’s GDP shrinks Asia-Pacific stocks rose on Thursday after Wall Street gauges closed at recor...
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Minneapolis Fed President Neel Kashkari said rates should remain at their current levels until they know where inflation is headed. Minneapolis Fed President Neel...
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The US Consumer Price Index (CPI) increased by 0.3 percent monthly in April, below market expectations. The country's core CPI, which excludes variable energy and...
Read More05/15/2024 04:20 PM The headline figure is below expectations. The rest is in line with market expectations. The 3.6% annual change in the core is the lowest incr...
Read More05/15/2024 11:15 MSCI (The largest companies in terms of market value and liquidity) World index is at record levels… The main point of our thoughts for the marke...
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While global markets are focused on the US CPI data, a bond rally was priced in the options market before the data. The market is preparing for a bond rally ahead...
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Oil rose after an industry report showed U.S. inventories were shrinking, with investors eagerly awaiting a report from the International Energy Agency that could...
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The highway and bridge tolls have been redetermined, effective as of midnight. The tolls of highways and bridges operated by the General Directorate of Highways (...
Read MoreIn the US presidential primaries, Trump and Biden won comfortably in Nebraska, Maryland, and West Virginia. As the countdown continues for the presidential electi...
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The S&P 500 is unlikely to gain much between now and the end of the year, according to Goldman Sachs Group strategist David Kostin. Kostin, Goldman Sachs’ chief U...
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Biden has signed legislation that bans imports of uranium from Russia for nuclear fuel. The U.S. will ban uranium imported from Russia starting Aug. 11, the Energ...
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In the US, consumers' short-term inflation expectations rose to 3.3 percent in April, the highest level since November 2023. The US Federal Reserve (Fed) New York...
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Yellen said that China’s response to the expected US tariff move is possible. As the Biden administration prepares to announce tariff hikes on China, US Treasury ...
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