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Jobless Claims under 500K, PPI above 6%
EURUSD`s following targets?Producer Price Index (PPI) y/y published earlier confirms that average changes in selling prices received by domestic producers of goods and services in April, compared to the same month of the previous year, raised by 6.2%...
US inflation and its effects on Markets
Threatening inflation hurting the stocks. After China, the higher-than-expected inflation in teh United States scared the markets and sent them to a multi-week low. Asian Stocks fell to 7 weeks low and American mostly at five weeks low. Higher i...
WTI market overview
OPEC raised the demand; Oil gained the momentumWhile today investors are awaiting crude oil supply data from the U.S. Energy Information Administration (EIA), to realize later today, last night The American Petroleum Institute (API ) reported the inv...
Tech sell-off leads the markets
NASDAQ under pressure Premarket trades were disappointing today, as Apple lost 2.4%, Facebook was down by almost 2%, amazon dropped 1.6%, Netflix was down by 1.7%, and Google fell 1.3%. Tesla erased 7.2% "after trouble after signs of trouble for...
Market on fire, dollar regain
Market Update - 11 May USD regains some of its losses in past days and trying to trade stable, while the market lost the weight in inflation fears. Ahead of tomorrow's inflation number and today's officials' speeches, the dollar follows the U.S....
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