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Economic Data - Treasury yields rise as investors weigh latest economic data
U.S. Treasury yields were higher on Friday as investors considered fresh economic data and what it could mean for monetary policy.
Surprise surge in retail sales suggests economy is growing - despite UK entering recession
January had the largest recovery in retail sales since April 2021 as people bought more across all retail offerings, except clothing.
Investors buy European luxury stocks as ‘safer’ play on China’s economy
Investors are piling into stocks of European luxury goods and other sectors with exposure to China, believing they offer a safer way to profit from a possible recovery in the world’s second-largest ...
Dollar steady as traders weigh economic data, yen fragile
The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen ...
Gold Price Forecast: XAU/USD brights and surpasses $2000 amid mixed US economic data
Gold price recovered some ground on Thursday, as it reclaimed the $2000 mark due to falling US Treasury bond yields. A tranche of mixed US economic data weighed on the Greenback. Therefore, the ...