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Crude Inventories Decline By 12.2 Million Barrels, Missing Analyst Estimates
Gasoline inventories decreased by 2.2 million barrels from the previous week. Source link
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UK Economy Expands by 0.7% in Q1 2024, with Services a Highlight
According to the Office for National Statistics, Services sector output rose by 0.8% quarter-on-quarter, up from a preliminary 0.7%. Output…
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German GfK Consumer Confidence Indicator Dips to -21.8 for July
Rising Savings, Falling Spending: German Consumer Sentiment and the ECB’s Next Move For July, the German GfK Consumer Climate Indicator…
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US Consumer Confidence Weakens Slightly in June
The Present Situation Index increased to 141.5 from 140.8. 19.6% of consumers reported business conditions as “good,” down from 20.8%.…
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S&P CoreLogic Case-Shiller Index Hits New High in April 2024
Month-Over-Month Performance The U.S. National Index, 20-City Composite, and 10-City Composite all showed slower growth rates. The National Index increased…
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Germany’s Economic Growth Slows in June Amid Manufacturing Decline
Mixed Performance in Services and Manufacturing Sectors The Composite PMI Output Index remained above the 50.0 no-change threshold for the…
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UK Retail Sales Surge 2.9% in May, BoE Rate Cut in August Less Likely
On Thursday, June 20, the Bank of England held interest rates at 5.25%. Bank of England Governor Andrew Bailey said,…
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BoE Keeps Rates Steady Amid Inflation Concerns
Comparison with Other Central Banks The BoE’s stance follows the European Central Bank’s recent rate cut, while the U.S. Federal…
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German Producer Prices Down 2.2% Year-on-Year But Send Mixed Signals
Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided…
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UK Annual Inflation Rate Falls from 2.3% to 2.0% in May
Moreover, in May, consumer prices rose by 0.3% month-on-month, following a 0.3% increase in April. Economists expected consumer prices to…
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