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New Zealand Producer Price Index ouputs rise 0.9% in Q1, inputs grow 0.7%
New Zealand's Producer Price Index (PPI) inputs and outputs rose in the first quarter, with business input prices rising 0.7% (previous 0.9%), and business output prices rising 0.9% (previous 0.7%). According to Stats NZ, the largest contributor to output prices were electricity and gas, which rose
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FX option expiries for May 16 NY cut
FX option expiries for May 16 NY cut at 10:00 Eastern Time, via DTCC, can be found below - EUR/USD: EUR amounts 1.0640-45 2.7b 1.0650 570m 1.0655 868m 1.0695 824m 1.0700 877m 1.0735 541m 1.0740 1.2b 1.0755 832m 1.0790 954m 1.0795 516m 1.0800 531m 1.0810 515m 1.0820 843m 1.0825 907m 1.0845-50 2.2b 1.
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Dutch Economy Shrinks 0.1% In Q1
The Dutch economy contracted in the first quarter after recovering in the previous quarter, preliminary data from the Central Bureau of Statistics showed on Wednesday. Gross domestic product dropped 0.1 percent sequentially in the March quarter, reversing a 0.3 percent rise in the fourth quarter. Th
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A steeper JGB yield curve may kickstart another bullish leg in the Nikkei 225
Nikkei 225 has undergone a 4-week corrective decline of 10.6% since its 41,088 all-time high printed on 22 March. Nikkei 225 major uptrend phase in place since 4 January 2023 remains intact. BoJ’s recent announcement on its reduction of 5 to 10-year JGBs purchases has led to a spiked up in JGBs yiel
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CAC 40 Struggles For Direction Before US Inflation Test
French stocks struggled for direction on Tuesday as caution prevailed ahead of the release of U.S. inflation data that might influence the outlook for rates. The U.S. producer price inflation report is likely to be in the spotlight today along with Fed Chair Jerome Powell's remarks during a moderate
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Could Wednesday’s CPI report change the Fed's rate outlook?
US CPI inflation forecast to have eased a bit in April. Retail sales to reveal the domestic demand’s strength. Dollar might benefit from a strong inflation print but stocks could suffer. The April CPI report will be released on Wednesday 12:30 GMT. The aggressive deceleration in US inflation seen du
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European Shares Struggle For Direction In Lackluster Trade
European stocks struggled for direction on Monday after recent string of gains. A cautious undertone prevailed after more Federal Reserve officials said on Friday that U.S. interest rates are likely to remain at elevated levels until there is clear sign that the rate of inflation is slowing. Investo
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Best Carpet Cleaning Services in Canberra & Queanbeyan
When it comes to maintaining a clean and welcoming environment at home or in the office, cleaning your carpets plays a vital role. Carpets can trap dirt, allergens, and bacteria, affecting the air quality and the overall aesthetics of your space. For Canberra and Queanbeyan residents and businesses,
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Pull-up Update