Germany cuts 2022 GDP growth forecast to 3.6% from 4.1% previously 0 (0)

The cut in the forecast isn’t surprising as they have to factor in omicron risks, even as the economy is seemingly more resilient than anticipated to start the new year. The government adds that it expects the growth this year to be solely driven by domestic demand and local investments.Meanwhile, t

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Cable drop stalls for now, but sellers keep in control 0 (0)

Cable has been trading very much akin to a commodity currency since the turn of the year and well, I guess that says a lot more about what is driving the pair in the past few weeks. It is largely about the dollar side of the equation and I would argue to some extent the technicals as well, if you

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Equities keep more buoyed in European morning trade 0 (0)

Meanwhile, US futures are also trading up rather modestly on the session currently. S&P 500 futures are up 1.2%, Nasdaq futures are up 1.8%, and Dow futures are up 0.8%.That’s a very solid showing in terms of risk appetite but then again, I fear that equity investors are discounting the potential fo

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