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Daily Economic News
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May 17, 2023
Dollar Drifts Higher as US Debt Ceiling in Spotlight
Dollar Drifts Higher as US Debt Ceiling in Spotlight KEY POINTS:U.S. retail sales rise less than expectedU.S. industrial production gains
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May 17, 2023
Eyes on Japan GDP, China losing steam
Japan's first quarter GDP figures are the highlight for Asian markets on Wednesday, with the world's third-largest economy expected to
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May 16, 2023
U.S. dollar retreats from five-week high as debt ceiling stalemate weighs
The dollar fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and
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May 15, 2023
Gold prices flat as steady dollar counters economic risks
Gold prices were flat on Monday as a steady U.S. dollar countered support from wider economic risks and expectations that
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May 12, 2023
BOE Monetary Policy Decision Summary
The Bank of England (BoE) recently raised its key interest rate by 0.25% to 4.5%, marking the highest borrowing cost
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May 12, 2023
Stocks, yields fall after data seen halting more Fed rate hikes
KEY POINTS:European stocks, Wall Street slipBank of England hike rates by 25 bps to 4.5% as expectedDollar heads higher despite
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May 11, 2023
The Bank of England (BoE) is expected
The Bank of England (BoE) is expected to raise interest rates by 25 basis points (bps) today, May 12, 2023.
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May 11, 2023
US CPI Summary 10 May 2023
Summary:The US Consumer Price Index (CPI) for April 2023 was released last night, and it showed that inflation slowed marginally
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May 11, 2023
Stocks rise as U.S. inflation trends lower, bond yields slide
KEY POINTS:U.S. inflation slows, but price pressures still strongData seen as a sign Fed is winning inflation fightYields drop after
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May 10, 2023
Dollar rangebound as markets eye US debt ceiling talks, inflation data
The dollar clung to modest gains against major currencies on Tuesday but remained rangebound as traders awaited U.S. debt ceiling
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