FTSE 100 Halts Growth Streak After 16 Consecutive Sessions
The FTSE 100 index in London experienced a slight decline during Wednesday’s trading session, ending its impressive 16-day growth streak. This pause was primarily driven by sharp drops in the value of major pharmaceutical stocks AstraZeneca and GSK. Key Market...
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DAX index Steady Ahead of Fed Decision; German Automakers Lead the Market
On Wednesday, Germany’s DAX index held steady around the 23,250 mark with minimal fluctuations. This stability came as traders cautiously awaited the outcome of the Federal Reserve’s two-day meeting, set to conclude later today. Key Market Developments & German Economic...
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German Industrial Orders Surge in March 2025
In March 2025, Germany’s industrial orders recorded a sharp 3.6% increase compared to the previous month, significantly surpassing market expectations of 1.3%. This marks the strongest monthly growth since December 2024 and follows a period of stagnation in February. Notably,...
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Elon Musk’s Unprecedented Power in U.S. Politics & Economy
By 2024, Elon Musk had evolved from a celebrated Silicon Valley entrepreneur to a controversial and dominant oligarch. He wielded unprecedented power not only in tech but across politics, media, the military, and international relations. His influence impacts various sectors...
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U.S. Trade Deficit Soars to Record High in March 2025
In March 2025, the U.S. trade deficit surged to an all-time high of $140.5 billion, significantly above market expectations of $137 billion. This jump was driven by a historic spike in imports ahead of new tariff announcements scheduled for April....
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Canada’s Trade Deficit Narrows in March 2025
In March 2025, Canada recorded a trade deficit of CAD 0.51 billion, a sharp improvement from the CAD 1.41 billion deficit in February. The improvement was driven by a decline in imports and a notable shift in export destinations, particularly...
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Eurozone in April: A Fragile Private Sector Recovery Balancing on the Edge
April brought another month of cautious optimism to the Eurozone. The latest data shows the HCOB Composite PMI slipping to 50.4—just above the growth-contraction threshold and slightly outperforming early forecasts. It’s the fourth month in a row that the Eurozone’s...
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China’s Service Sector Loses Momentum in April
In a sign that China’s post-pandemic recovery may be hitting turbulence, the Caixin Services Purchasing Managers’ Index (PMI) dipped to 50.7 in April 2025. This decline from March’s 51.9 not only missed market forecasts but also marked the slowest pace...
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Surprise Jump in U.S. Services Sector: ISM Hits 51.6 in April 2025
In a surprising move, the U.S. ISM Services PMI rose to 51.6 in April 2025, well above market expectations of 50.6. This marks a significant rebound from the 9-month low of 50.8 in March, suggesting continued growth in the country’s...
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U.S. Unemployment Rate Holds Steady at 4.2% in April 2025
In April 2025, the U.S. unemployment rate remained unchanged at 4.2%, in line with March and market expectations. However, the number of unemployed individuals rose by 82,000, reaching 7.165 million. At the same time, the number of employed people increased...
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