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“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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18 July, 2025 4:18 pm
Oil Prices Surge Amid Drone Attacks and New EU Sanctions on Russia
Oil prices saw a notable increase on Friday, extending the sharp gains from the previous session, dr…
18 July, 2025 2:30 pm
Bitcoin Reaches $120,000 as U.S. House Passes Landmark Crypto Bills
Bitcoin surged above $120,000 in Asian trade on Friday, continuing its impressive rally and heading …
18 July, 2025 1:35 pm
European Stocks Rise Amid Strong Earnings and Positive Wall Street Lead
European stocks rose on Friday, buoyed by a positive overnight performance on Wall Street, as invest…
18 July, 2025 12:52 pm
U.S. Dollar Strengthens Amid Solid Economic Data, While Euro and Pound Struggle
The U.S. dollar continues to show strength, rising for the second consecutive week, supported by rob…
18 July, 2025 3:13 am
Euro Falls as Italy Calls for Further Rate Cuts Amidst Strong Dollar
The Euro experienced a notable drop against the US Dollar on Thursday, July 17, 2025. This decline w…
18 July, 2025 2:44 am
Daily Earnings Recap: Tech Triumphs and Consumer Resilience Drive Strong Earnings, Financial Giants on Deck
The close of trading on Thursday, July 17, 2025, brought a flurry of significant earnings reports, s…
18 July, 2025 1:01 am
Can US Stocks Sustain Gains After Strong Retail Data?
The Dow Jones Industrial Average climbed higher on Thursday, buoyed by June Retail Sales surpassing …
18 July, 2025 12:07 am
Market Drivers – US Session: Yen in Focus As Markets Brace for Inflation Data and Elections
The US Dollar regained momentum on Thursday, reversing a prior dip as investors digested upbeat US d…
17 July, 2025 11:42 pm
Dollar/Yen Rises Steadily Backed by Strong Data
The US Dollar reached its highest level in about four weeks, fueled by rising expectations that the …
17 July, 2025 10:46 pm
Fed’s Daly Keeps Options Open: Rate Cut in Sight or Still Distant?
Federal Reserve Bank of San Francisco leader Mary C. Daly hinted on Thursday that a July rate cut re…
Market Analysis
July, 2020
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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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