ADVFN US – Market Content Editor
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Online Prices Continue to Drop, Yen Falls After BOJ Announcement, Biden Visits Belfast Amid Political Uncertainty
Online Prices Continue to Drop Online prices for discretionary items such as home goods, appliances, and electronics continued to drop in March, marking the seventh consecutive month of decline. The Adobe digital price index reported a year-on-year decrease of 1.7%, but prices remained flat compared to the previous month. Grocery prices increased at a slower…
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America’s Leaked Intelligence Documents, China’s Taiwan Military Drills
America’s Leaked Intelligence Documents Leaked classified-intelligence documents reveal that America has been spying on its key allies, including South Korea. The documents show that South Korean companies are indirectly supplying lethal weapons to Ukraine, which contradicts official policy. The files also contain national-security information about Russia’s invasion, as well as details about China, the Indo-Pacific…
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Investors Flock to Cash, Bond Market Rally Concerns
Minor Gains in European Markets European stocks experienced minor gains on Friday, as traders remained on the lookout for the potential impact of higher interest rates on inflation. The Stoxx 600 (STOXX:SSXP), which covers the entire region, experienced a 0.3% increase after eurozone inflation fell more than anticipated and is on course to finish the…
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China’s Positive Figures, Eurozone Inflation Falls, UK House Prices Decline
China’s Non-Manufacturing Growth China’s non-manufacturing sector grew at its fastest rate in over a decade in March, with the National Bureau of Statistics’ non-manufacturing purchasing managers’ index reaching 58.2, surpassing economists’ predictions of 54.3. However, manufacturing growth slowed, with the manufacturing sector gauge coming in at 51.9, trailing February’s 52.6 rate. The contrasting signals suggest…
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Global Deal-Making Slows, Ford’s Battery Investment, Wells Fargo Sanctions Fine
US Shares Rise On Thursday, US shares rose, taking Europe’s lead, as investors assessed the future path of monetary policy following weeks of turmoil for banks on both sides of the Atlantic. Wall Street’s benchmark S&P 500 (SPI:SP500) rose 0.6%, with all industries advancing except for financials. JPMorgan (NYSE:JP) and Morgan Stanley (NYSE:MS) both lost…
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Trump Faces Criminal Charges, Finland Joins NATO
Trump Faces Criminal Charges Donald Trump faces criminal charges for his alleged role in covering up hush-money payments made to an adult film actress. A grand jury in New York voted to indict him, and he is expected to turn himself in on Tuesday. Mr Trump denies any wrongdoing, and this is just one of…
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Bonus Pool Decreases on Wall Street, H&M Surprises with Profit
Bet on Fed Rate Cut Pays Off A bet was made in January that the Federal Reserve would lower its benchmark rate to 1.5% by the end of the year, and it appears to have been closed for a profit of $10 million after almost becoming worthless in February due to banking turmoil. The bet…
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US Unemployment Claims Increase, Spain and Germany’s Inflations Slow Down
China Trade Pact in Danger Ahead of her visit to China next week, Ursula von der Leyen, the president of the European Commission, urged for a more forceful approach towards China. She called for stricter controls over trade in sectors with military importance, such as AI, and hinted that the EU-China commercial pact might be…
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Meta May Ban Political Ads, Real Estate Valuations Plummet
European Stocks Rally European stocks rose, following a rally on Wall Street that saw the tech-heavy Nasdaq 100 rise to a bull market, as investors bet that interest rates have peaked and bank instability will ease. The Stoxx Europe 600 Index was led by technology, real estate, and retail shares, with Hennes & Mauritz AB…
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Taiwan US Visit, Central Banks to Focus on Profit Margin
Russian Advance, Nuclear Call Ukrainian officials acknowledged that Russian forces made some progress in their attack on Bakhmut, while Ukrainian troops claimed to be holding on to the eastern town. The UN’s nuclear watchdog head, Rafael Grossi, visited the Zaporizhia nuclear power station, which is currently occupied by Russia, and urged for measures to protect…