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Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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14 February, 2025 12:18 am
Could BTC test all-time-highs?
Bitcoin, currently trading around $96,017, is consolidating below $100,000, yet several factors hint…
13 February, 2025 11:46 pm
Dollar Retreats Despite Price Pressures and Labour Market Conditions
The US dollar’s recent performance presents a puzzle. Despite robust Producer Price Index (PPI…
13 February, 2025 10:53 pm
Oil Continues to Benefit from OPEC’s Report on Global Demand
Oil prices remain on an upward trend since the start of Thursday’s trading session, driven by …
13 February, 2025 10:07 pm
Market Drivers; US Session: Sticky Inflation and Trade War Concerns In Focus
The signing of a reciprocal tariff order has injected further uncertainty into global trade. The pot…
13 February, 2025 9:00 pm
Economic Data Matters: Fed’s Hawkish Stance Poised To Remain In Place Till September 2025
Federal Reserve Chair Jerome Powell stated that President Trump’s calls for lower interest rat…
13 February, 2025 8:04 pm
Tesla Is Out: Gears Shifted on Armoured Vehicle Contract Amid US Scrutiny
The State Department’s planned $400 million purchase of “Armoured Teslas” has hit …
13 February, 2025 7:17 pm
Meta’s Thriving While Big Tech Companies Struggle
Big Tech’s 2025 is a story of headwinds. Giants like Amazon, Google, Microsoft, and Apple grap…
13 February, 2025 5:46 pm
U.S. Producer Prices Surge in January, Strengthening Fed’s Higher-for-Longer Stance
U.S. producer prices increased more than expected in January, reinforcing concerns that inflation is…
13 February, 2025 4:08 pm
U.S. Stock Futures Trade Flat Amid Ukraine Peace Talks, Inflation Data in Focus
U.S. stock index futures remained largely unchanged on Thursday as investors assessed potential peac…
13 February, 2025 2:49 pm
U.S. Dollar Retreats as Euro Rallies on Ukraine Peace Hopes
The U.S. dollar weakened on Thursday, while the euro gained, as optimism grew over a potential resol…
Market Analysis
July, 2020
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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