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Mexican central bank likely to cut key interest rate by 50 bps
May 14, 2020 12:37 pm UTC| Commentary
The Mexican central bank (Banxico) is set to meet later today for interest rate decision. According to a Commerzbank research report, the central bank is expected to lower its key interest rate by further 50 basis...
Canadian manufacturing sales likely fell sharply in March
May 13, 2020 18:30 pm UTC| Commentary
Canadian manufacturing sales data for the month of March is set to release tomorrow. According to a TD Economics research report, manufacturing sales are likely to have dropped 6 percent, consistent with the softness in...
May 13, 2020 18:03 pm UTC| Commentary
The Mexican peso has been strongly impacted from the outbreak of the corona pandemic. The high risk aversion and the fall in oil price also contributed to the pesos depreciation, noted Commerzbank in a research report....
Euro area’s industrial production fell sharply in March, to decline further in April
May 13, 2020 16:47 pm UTC| Commentary
Euro areas industrial production fell a record 11.3 percent sequentially and 12.9 percent year-on-year in March. Todays data is the lowest level seen since November 2009 as restrictions on economic activity and soft demand...
May 13, 2020 16:23 pm UTC| Commentary
Swedens CPIF inflation dropped 0.4 percent year-on-year in April, much below the Riksbanks forecast. The central bank projected CPIF at +0.4 percent year-on-year average in the second quarter. Excluding energy, CPIF came...
U.S. producer prices fall more than expectations in April on large decline in energy prices
May 13, 2020 15:26 pm UTC| Commentary
The U.S. producer price index data for April came in weaker than expectations. The headline index came in at -1.2 percent year-on-year, as compared with consensus expectations of -0.5 percent. This is only slightly better...
Malaysian economic growth decelerates sharply y/y in Q1 2020, further weakness likely in Q2
May 13, 2020 14:56 pm UTC| Commentary
Malaysian economy slowed down sharply in the first quarter of 2020. On a year-on-year basis, the economy grew 0.7 percent, a sharp slowdown from 3.9 percent recorded in the fourth quarter of 2019. However, it is slightly...
Russian LNG Shadow Fleet Expands Amid Arctic LNG 2 Sanctions
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Dollar Slips as Strong U.S. Jobs Data Reduces Fed Rate Cut Expectations
European Stocks Fall as US-Iran Conflict Rekindles Energy Supply Fears
Gold Prices Rise as Weaker Dollar and Iran Ceasefire Hopes Boost Safe-Haven Demand
Israel’s Secret Iraq Base Allegedly Supported Iran Air Campaign, WSJ Reports
Senate Stablecoin Bill Sparks Clash Between Banks and Crypto Industry
Trump-Xi Beijing Summit to Focus on Trade, Taiwan, and Boeing Deal
Trump Reportedly Approves Plan to Remove FDA Commissioner Marty Makary Amid Growing Controversies
Trump Administration Releases New UFO Files and Apollo Mission Records
China vs. NASA: The New Moon Race and What's at Stake by 2030
NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo
NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision
AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says
Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case
Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone
Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally
TikTok Nears $400 Million Settlement With Trump Administration Over Child Privacy Lawsuit
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