PegasusPetar
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Hong Kong Economic Growth Eases To 2.7%
Hong Kong's economy expanded at a slower pace in the three months ending March, the advance estimates from the Census and Statistics Department showed Thursday. Gross domestic product advanced 2.7 percent year-over-year in the first quarter, slower than the 4.3 percent growth in the fourth quarter.
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EUR/USD tumbles out of recent range, tests below 1.0770 as markets flee into safe havens
Euro slips to near-term lows as risk-off markets bid Greenback. European markets will be largely dark on Wednesday. Midweek Fed rate call on the cards. EUR/USD slid below the 1.0670 level on Tuesday after an unexpected uptick in US wages growth reignited fears of sticky inflation, chopping down rate
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The highlight is the NFP report – Germany CPI figures could set the tone for market movements
As most traders have closely tracking the movements of the Japanese yen, we've just witnessed a dramatic turn of events that has left traders on edge and scrambling to react. For over a year, the Japanese yen has been steadily losing value due to various fundamental factors, prompting speculation ab
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The week ahead: Yen, UK and tech earnings along with Fed meeting to fuel market sentiment
What a morning for the yen. After a sharp rally on the back of the Bank of Japan meeting on Friday, USD/JPY surged to 160.00, however, it has since dropped back to 156.00, which suggests official intervention to stem yen weakness. USD/JPY is currently bouncing off its lows as we move through Monday
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WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if the right economic measures are not applied. Speaking Sunday at WEF's "Special Meeting on Global Collaboration, Growth and Energy for Development" in Saud
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Pull-up Update