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German Inflation Rises to 2.4% in May 2024, Posing Challenges for ECB
May 29 2024

German Inflation Rises to 2.4% in May 2024, Posing Challenges for ECB

As of May Germany has reported a slight increase in inflation, with the Consumer Price Index (CPI) rising to 2.4% compared to the same month last year.

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US Treasury Bond Auctions: Weak Demand Pushes Yields Higher
May 29 2024

US Treasury Bond Auctions: Weak Demand Pushes Yields Higher

On May 28, the US Treasury held a series of bond auctions, issuing various maturities as part of its regular schedule to manage government debt.

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BOJ Signals Cautious Approach to Inflation Targeting Amid Deflationary Battle
May 28 2024

BOJ Signals Cautious Approach to Inflation Targeting Amid Deflationary Battle

In a recent speech, Bank of Japan (BOJ) Governor Kazuo Ueda emphasized a cautious approach to the bank's inflation-targeting frameworks, signaling a careful navigation through Japan's economic landscape.

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Japan's Core Inflation Slows, Still Remains Above BoJ Target
May 24 2024

Japan's Core Inflation Slows, Still Remains Above BoJ Target

Japan's core inflation, excluding fresh food prices, slowed in April 2024 for the second month in a row.

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US PMI Data for April 2024 Shows Mixed Results, May Outlook Improves
May 24 2024

US PMI Data for April 2024 Shows Mixed Results, May Outlook Improves

In April 2024, the Manufacturing PMI registered at 49.2%. The Services PMI stood at 49.4%

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Europe and UK PMI Data Reflects Cautious Optimism During Challenges
May 23 2024

Europe and UK PMI Data Reflects Cautious Optimism During Challenges

The German economy showed signs of resilience in May, with the Preliminary Manufacturing Purchasing Managers' Index (PMI) jumping to 45.4, surpassing expectations of 43.1.

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Nvidia's Earnings Report: A 600% Profit Surge and a Stock Split
May 23 2024

Nvidia's Earnings Report: A 600% Profit Surge and a Stock Split

Nvidia, the leading AI and graphics processor company, has reported a staggering 600% increase in profits, reaching $6.12 earnings per share with $26 billion in sales for the quarter ending April 30.

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FOMC Minutes Reveal Fed's Cautious Stance on Interest Rates
May 23 2024

FOMC Minutes Reveal Fed's Cautious Stance on Interest Rates

The Federal Open Market Committee (FOMC) minutes from May 22 have provided a sobering outlook for investors, indicating a potential long term rising interest rate scenario.

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Ethereum Leads Crypto Market Surge Amid Anticipation of Spot ETF Approval
May 22 2024

Ethereum Leads Crypto Market Surge Amid Anticipation of Spot ETF Approval

The cryptocurrency market experienced a significant surge this week, with Ethereum (ETH) leading the charge. Ethereum's price soared nearly 20%, with the crypto market cap surging by $200 billion.

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