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Impact of US Tariffs on Eurozone Growth and Inflation: Analysis by ECB’s Cipollone
US Tariffs Could Impact Eurozone Growth and Inflation: ECB's CipolloneIn a recent analysis by Piero Cipollone, an Executive Board Member of the European Central Bank (ECB), the potential economic implications of US tariffs on...
Federal Reserve’s Williams Discusses Transition to Neutral Policy, Data-Driven Timing – Action Forex
Federal Reserve's Williams Discusses Transition to Neutral PolicyNew York Fed President John Williams addressed the public in a speech yesterday, shedding light on the Federal Reserve's plans to shift towards a more neutral monetary...
Eco Data Update: December 3, 2024 – Action Forex
Breaking News: Eco Data Update for December 3, 2024In the world of finance and economics, staying updated with the latest data is crucial for making informed decisions. On December 3, 2024, several key economic...
US Dollar Index (DXY) Surges Amid Trump’s BRICS Warning and French Uncertainty – Action...
US Dollar Index (DXY) Surges Amid Trump's BRICS Warning and French Uncertainty - Action ForexThe US Dollar Index (DXY) is making headlines once again as it surged following comments made by President Elect Donald...
Russell 2000 Forecast: Potential All-Time High in Sight – Action Forex
Russell 2000 Forecast: Potential All-Time High on the HorizonThe Russell 2000 index, comprising small-cap listed companies in the US, has been making waves in the stock market with its recent stellar performance. Since the...
Australia’s November Retail Sales Exceed Expectations with 0.6% Month-Over-Month Growth
Australia's Retail Sales Exceed Expectations in NovemberIn a surprising turn of events, Australia's retail sales for November have surpassed expectations, showing a remarkable 0.6% month-over-month growth. This positive trend comes as a welcome relief...
Navigating Turkey’s Economic Situation Amid Trade Uncertainty: Weekly Market Update
Trump's Tariff Threats Impact Financial Markets
President-elect Trump's unexpected announcement of a potential 25% tariff on Canadian and Mexican goods sent shockwaves through financial markets this week. The Canadian dollar dipped by 1.5% to 71...
US Dollar’s Fate Hinges on NFP: Markets Weekly Outlook
US equities had a strong finish last week, especially in the tech and retail sectors, leading to record highs for the S&P 500. However, the US dollar weakened as expectations of a December rate...
Eurozone Inflation Rise Impact on Euro – Action Forex
The euro remained relatively stable on Friday, with EUR/USD trading at 1.0564, showing a slight increase of 0.09% during the European session. With no significant US events scheduled for the day and US markets...
Canadian Dollar Stable as Investors Await GDP Data – Action Forex
The Canadian dollar has remained stable in the past few trading days, but there could be some movement today with the release of Canada's GDP report. Currently, USD/CAD is trading at 1.4005, showing a...