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| Euro area’s annual inflation was 1.3% in July 2017, stable compared with June. Although this reading seems to be much higher than 0.2%, which was recorded a year ago, there’s still a growing unease that inflation remains inexplicably low. |
| As the European Central Bank is getting closer to exit from its excessive monetary stimulus program, inflation figures from the euro zone will become even more important than before. CPI growth has to increase for the ECB to start reducing stimulus and for the EUR to keep gaining. That’s why you need to pay great attention to the region’s CPI release at 12:00 MT time on September 29. There will be trading opportunities for the EUR. |
China nearly quadrupled the overall value of fixed-asset investment projects officially approved in July in contrast with June because the Chinese government ramped up infrastructure allocations for the purpose of stimulating surge in the world's number…
The US dollar index is lower today moving to 96.50. On Wednesday, the index tested levels near 97 but couldn’t stick there.
In July, Japan's export surge speeded down more than anticipated due to the fact that shipments to America kept tumbling for a second straight month…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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