The US economy has presented its first quarter GDP data for 2024, revealing a growth rate of 1.6% at an annualized pace, which is notably slower than the anticipated 2.5%.
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On April 23, 2024, the latest US Global Purchasing Managers' Index (PMI) was released, revealing a nuanced picture of the American economy.
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China's enigmatic gold buyers have taken center stage in the global gold market, as their strategic purchases at key price levels have significantly impacted the precious metal's trajectory.
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The Eurozone's economic outlook is showing signs of positive development as the latest Purchasing Managers' Index (PMI) data, released on April 23, 2024, points to an acceleration in growth.
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Japan's private sector showed clear signs of acceleration, marking one of the fastest periods of growth in almost a year.
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This week's key market themes are focused squarely on the FED's interest rate policy, Iran's attacks on Israel, and the potential for Israeli retaliation.
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The Japanese yen has been experiencing a significant decline against the US dollar, reaching a new 34-year low.
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The UK's Consumer Prices Index (CPI) saw a decline to 3.2% in March, marking the lowest annual rate in two and a half years.
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South Korea and Japan are engaged in discussions concerning the recent devaluation of their currencies, the won (KRW) and the yen (JPY), respectively.
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