Germany September final CPI +2.4% vs +2.4% y/y prelim | investingLive
- Prior +2.2%
- HICP +2.4% vs +2.4% y/y prelim
- Prior +2.1%
This article was written by Justin Low at investinglive.com.
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This article was written by Justin Low at investinglive.com.
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According to the chart for General Motors (GM), the following points stand out: → Yesterday, the share price closed above $53, a significant rise from just below $49 the previous day.→ Since the beginning of the year, the stock has experienced an increase of around 50%. The sharp rise in price can be attributed to…
Financial markets extend the holiday mood on the first trading day of the new year. Markets continue playing the waiting game for a data-driven next week. The US Dollar Index (DXY) is trading near the 98.40 price region on Friday, trimming a big chunk of its New Year losses. US Dollar Price Today The table…
2024.05.31 2024.05.31 USDJPY: Elliott wave analysis and forecast for 31.05.24 – 07.06.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ Main scenario: consider long positions from corrections above the level of 153.45 with a target of 161.50 – 167.00. Alternative scenario: breakout and consolidation below the level of 153.45 will allow the pair to continue declining to the levels of 150.70…
Standard Chartered Bank (Hong Kong) Limited (SCBHK), Animoca Brands, and HKT said Monday that they have formed a joint venture (JV) to issue a Hong Kong dollar-backed stablecoin, subject to regulatory approval from the Hong Kong Monetary Authority (HKMA). SCBHK, which has actively participated in HKMA’s tokenised money projects, will contribute its bank-grade infrastructure and…
Foreign exchange markets exhibit a slightly more stable demeanor, yet implied volatility remains high. Market participants are keen to analyze the eurozone’s February Balance of Payments data and await the Bank of Canada’s interest rate announcement. Later in the day, Federal Reserve Chair Powell will deliver a speech, coinciding with the release of February data…
What a week it’s been for global markets. We kicked things off with renewed optimism around US-China trade talks in London, which helped Bitcoin surge past $108,000 and kept risk assets buoyant. Wednesday’s softer-than-expected US inflation data had traders pricing in Fed rate cuts, sending the dollar tumbling to three-year lows against major currencies. …