Rohaan
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CEE: Fitch decides on Romania’s rating
The releases of economic growth figures for the second quarter will be the main topic for this week, while important releases of other macroeconomic indicators will take place as well. On Monday we will see Romania’s trade balance for June and Slovenia’s industrial production. On Tuesday, Romania’s
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Looking for the Best Electric Bike in UAE? Here’s Where to Find It in Dubai
Explore the rising demand for electric motorcycles in Dubai and discover why eco-conscious riders are switching to smarter, cleaner alternatives. In this guide, we’ll help you find the best electric bike in UAE, including performance models perfect for city commutes and delivery fleets. Whether you'
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FX daily: Diverging central bank stories
The same day President Trump installed an (interim) dovish ally in the FOMC, the Bank of England struck a more hawkish tone, narrowly voting in favour of another 25bp rate cut. The US calendar is very quiet today, and some focus will be on Canada’s jobs figures. EUR/USD may wait until next week for
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BoE to maintain 'gradual and careful' stance – 7-2 split vote for 25bp cut
The Bank of England appears certain to slash rates by another 25 basis points this week, as it tries its level best to arrest the dramatic slowdown in Britain’s labour market. The MPC faces a difficult task, however, as it will need to balance the weakening in the jobs market and the economy on the
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Precious metal rise lifts Fresnillo
Dollar weakens as Trump mulls new Fed member Its fairly certain that any Trump nominee who makes it on to the Fed board will push for lower rates, so markets have switched to selling the dollar again, continuing a theme from Friday. With precious metals making headway again Fresnillo is once again n
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The accelerating US debt spiral
The debt spiral in the U.S. is an accelerating crisis that is threatening our standing as the predominant world power. Surging deficits are being combined with massive rollovers from our existing humongous debt pile. This is compounding into untenable interest payments, which will soon force the Fed
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A trade swing puts a three-handle on GDP, underlying demand cools
Summary While the headline GDP print of 3.0% exceeded expectations, underlying growth in the economy as measured by private domestic final purchases slowed for the third consecutive quarter to come in at just a 1.2% pace. The largest boost on record from trade offset a drag from inventories. Trade:
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