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Deutsche Bank announced a profit of 908 million euros, equivalent to about $ 1.1 billion in Q1, supported by continued strong performance in the investment banking sector. The bank largely exceeded analysts’ forecasts for a net income of 642.95 million euros, according to Refinitiv, and showed a marked improvement from …

The European Central Bank (ECB) decided on Thursday to maintain its monetary policy unchanged, by holding interest rates at their current levels. The deposit rate stands at -0.5%, while the main refinancing rate remains at 0%. In addition, the ECB decided to keep the current pace of asset purchases at …

The Bank of Canada (BoC) has decided to maintain its key interest rate unchanged at a record low of 0.25%, as the economy remains in need of support, according to the bank’s statement on Wednesday. Now the Canadian central bank expects to keep the current level of interest rates until …

Retail Sales in the US rose by 9.8% in March to $619.1 billion, the data published by the US Census Bureau revealed on Thursday. This reading followed February’s contraction of 2.7% and surpassed the market expectation of 5.9%.

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 19% as expected. In its policy statement, the central bank refrained from repeating last month’s pledge to “decisively” maintain a tight policy.

German Chancellor Angela Merkel said on Monday that the current coronavirus infection rate is “much too high” and added that the third wave may be the toughest yet.  “Vaccine production capacity must be increased significantly, both in Europe and in Germany,” Merkel noted.

The Producer Price Index (PPI) in the US for final demand rose to 1% in March from 0.5% in January, the monthly report published by the US Bureau of Labor Statistics showed on Friday. On a yearly basis, the PPI jumped to 4.2% from 2.8%. Further details of the publication …

Buckingham Palace: The death of Prince Philip, Queen Elizabeth’s husband, this morning to be updated…

There were 744,000 initial claims for unemployment benefits in the US during the week ending April 3, the data published by the US Department of Labor (DOL) revealed on Thursday. This reading followed the previous print of 728,000 (revised from 719,000) and came in worse than the market expectation of …

Pandemic and related containment measures will continue to adversely affect Euro area economic activity in the short term, says the ECB President Christine Lagarde at the 43rd IMFC meeting. “Beyond the short term, Euro area activity should pick up.”“The risks surrounding the Euro area growth outlook have become more balanced.”“Underlying …