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The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
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2 May, 2025 2:42 am
Euro Slides Under Dollar Pressure as Trade Hopes and Inflation Data Collide
The Euro is under siege, tumbling against a resurgent US Dollar as markets navigate trade war develo…
2 May, 2025 1:18 am
Gold Plummets as China’s Pre-Holiday Selloff Shakes Global Markets
A massive selloff in China ahead of the May 1, 2025, Labour Day holiday sent gold prices crashing to…
1 May, 2025 11:19 pm
NFP Preview: Jobs Data to Weather Tariff Storm, Dollar Set to Shine
The U.S. Non-Farm Payroll (NFP) report, due May 2, 2025, will gauge the labor market’s strength as T…
1 May, 2025 10:25 pm
Pound Under Pressure: Why the Dollar Holds the Edge Below 1.3300
The GBP/USD pair dipped to 1.3295 on May 1, 2025, down 0.25%, as shifting risk sentiment and diverge…
1 May, 2025 9:35 pm
Amazon’s Cloud and Ad Surge Powers Q1 Triumph Amid Tariff Tensions
Amazon’s first-quarter earnings for 2025, released on May 1, delivered a robust performance, driven …
1 May, 2025 8:07 pm
Euro Stalls Near 1.1300: Fundamentals Fuel Bullish Resilience
The EUR/USD pair is consolidating around 1.1300 as of May 1, 2025, reflecting a pause in its recent …
1 May, 2025 7:11 pm
Big Tech Defies Tariff Pressures: Meta and Microsoft Shine
The Trump administration’s sweeping tariffs have cast a shadow over global markets, yet Meta and Mic…
1 May, 2025 6:28 pm
U.S. Jobless Claims Jump to Two-Month High Amid Signs of Labor Market Softening
The number of Americans filing for new unemployment benefits rose sharply last week, reaching a two-…
1 May, 2025 2:19 pm
Bank of Japan Holds Rates Steady, Slashes Growth Outlook on U.S. Tariff Concerns
The Bank of Japan (BOJ) left interest rates unchanged on Thursday, as expected, but issued a notably…
1 May, 2025 12:55 pm
Oil Prices Steady After Sharp Drop as Market Eyes Saudi Output and U.S. Recession Risk
Oil prices held steady on Thursday following a steep decline, as investors weighed Saudi Arabia’s wi…
Market Analysis
July, 2020
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1 July 2020 2:39 pm
IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020
“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
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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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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