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Eurozone PMI manufacturing finalized at 49.0, at risk if Chinese exports divert toward Europe

Eurozone manufacturing sector showed further signs of stabilization in April, with PMI Manufacturing Index finalized at 49.0, its highest reading in 32 months. Output growth was a standout, reaching a 37-month high at 51.5, reflecting Read more…

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Dollar Strengthens Ahead of Employment Data

The USD/JPY and USD/CAD currency pairs are showing an upward trend, supported by the strengthening US dollar, which is backed by a number of factors. At yesterday’s meeting, the Bank of Japan kept the key Read more…

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US Stock Indices Futures Extended Gains While Gold (XAU/USD) Recent Losses Found Support at the 20-day MA

In today’s Asian session, US stock index futures reversed early losses. The S&P 500 and Nasdaq 100 E-mini futures initially fell 0.4% and 0.3% following cautious outlooks from Apple and Amazon despite upbeat Q1 earnings. Read more…