Economics
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EUR/GBP Rebounds Slightly After UK PMI Data
09:30 AM GMT, United Kingdom – PMI Data for November: S&P Global/CIPS UK Manufacturing PMI: actual 48.0; forecast 48.6; previous 49.9; The UK manufacturing…
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Eurozone PMI Data Remains Weak
08:15 AM GMT, Spain – PMI Data for November: HCOB Spain Manufacturing PMI: actual 53.1; forecast 53.9; previous 54.5; 08:30 AM GMT, Switzerland – PMI Data for November:…
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Today’s Economic Calendar
Analyst expectations for PMI reports suggest lower readings in Eurozone countries, with reports expected to remain well below the 50-point…
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The Morning Market Update
Gold price meets with heavy supply on Monday and snaps a four-day winning streak. Rebounding US bond yields help revive…
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ECB’s Kazaks: In my view, rate cuts must continue
European Central Bank (ECB) policymaker Martins Kazaks said on Monday, “in my view, rate cuts must continue.” He added that “we…
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USD/CAD Gains After GDP Report
01:30 PM GMT, Canada – GDP data: GDP Annualized (Q3): actual 1.0% QoQ; forecast 1.0% QoQ; previous 2.2% QoQ; GDP: actual 0.1% MoM;…
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Eurozone CPI in Line With Expectations
Flash Eurozone headline CPI for November came in 2.3% YoY in line with expectations and higher than 2% previously Headline…
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ECB survey: Eurozone Consumer Inflation Expectations edge up to 2.5% over next 12 months
The latest monthly Consumer Expectations Survey by the European Central Bank showed on Friday that Eurozone inflation is seen slightly higher for…
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Swiss GDP Slightly Higher, French Consumer Spending Down
Prelim YoY CPI from France came in down 1.3% vs 1.4% exp. and 1.2% previously Prelim MoM CPI from France…
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German Retails Sales Well Below Expectations
German retail sales came in -1.5% MoM vs -0.5% exp. and 1.2% previously; Retail sales for October YoY came in…
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