Economic Indicators
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Tensions Rise in the Strait of Hormuz as Oil Markets Brace for Impact
The Strait of Hormuz, in which around 20 percent of the world’s oil passes. Escalating…
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Currency Markets Show Resilience Amid Geopolitical Tensions
The raucous currency markets got the last laugh today. The GBP/USD currency went bullish after…
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Currency Markets Show Strength Amid Global Concerns
The most sweeping change occurred in the currency markets. The British pound and Euro stabilized…
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GBP/USD Maintains Strong Position as Gold Prices Struggle Amid Market Uncertainties
The sterling dollar exchange rate GBP/USD remains resilient, holding strong above 1.3700 in early European…
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Inflation Rises in Hungary Amid Broader Economic Trends in Central and Eastern Europe
In Hungary, inflation has reached 4.4% in May, up from 4.2% in April. This increase…
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EUR/USD Surges to Highest Level Since April as Dollar Weakens Ahead of Key Economic Data
One of the biggest gainers on Thursday were the EUR/USD currency pair with triple-digit gains.…
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US Inflation Remains Subdued Amid Tariff Concerns
US consumer inflation data for May has provided a surprise upside, contrary to forecasts for…
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Pound Sterling Remains Strong Against US Dollar Amid Labor Market Concerns
The Pound Sterling (GBP) demonstrated stability against major currencies this week, particularly the US Dollar…
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Powell Navigates Turbulent Economic Waters Amid Tariff Uncertainty
Federal Reserve Chairman Jerome Powell can only do so much. This will not be easy…
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Economic Indicators and Political Moves Shape Financial Landscape
In July, Sweden’s Consumer Price Index (CPI) excluding energy hit a record high of 3.15%.…