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quoting note1um0…8p6zOil prices set for biggest weekly drop since February as war risk fades
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#12d86ea3 ver:1.83
Oil prices set for biggest weekly drop since February as war risk fades. Weak global demand, rising inventories, and fading hopes for US interest rate cuts contribute to the decline. Concerns about US economic slowdown and slump in diesel demand also play a role. OPEC+ may extend output cuts if demand doesn't pick up. Traders monitor if US government will replenish strategic reserves. #OilPrices #Economy #OPEC...
#newstr #Oil #GeopoliticalRisks #MiddleEast #FuelMarkets #Opec #OutputCuts #SupplydemandBalance
https://here.news/story/12d86ea3?ver=1.83
quoting note1pgc…vv2mOECD Raises Global Economic Growth Forecast for 2024 to 3.1%, Indonesia's Economy Remains Stable
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#b9b257e9 ver:0.54
The OECD raises global economic growth forecast for 2024 to 3.1%, with Indonesia's economy remaining stable. US and China growth projections increase, while eurozone and Japan show modest growth. The report emphasizes the need for prudent policies to boost innovation and investment. Geopolitical tensions in the Middle East pose risks. Inflation expected to decline globally. Indonesia's economy projected to grow by 5.1% in 2024 and 5.2% in 2025. China's growth forecast also raised. #OECD #economicgrowth #Indonesia #globaloutlook...
#newstr #Oecd #GlobalEconomicGrowth #Inflation #UnitedStates #China #Eurozone #Japan #Turkey #MiddleEast #MonetaryPolicy #FiscalConsolidation #PolicyReforms #Investment #Innovation #Indonesia'sEconomy
https://here.news/story/b9b257e9?ver=0.54
quoting note1h78…k70xAsian Stocks Surge on Tech Boost, Yen Extends Gains to Cap Wild Week
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#a1cb2d51 ver:0.11
Asian stocks surge on tech boost and strong earnings season in the US, with the yen extending gains. Apple's record share buyback plan lifts tech sector, leading to a second straight week of gains for Asia-Pacific shares. Traders suspect Japanese officials spent $60 billion defending the yen. US markets remain volatile, but UBS sees supportive environment for US equities. #AsianStocks #TechBoost #EarningsSeason #YenGains #Apple #USMarkets #UBS #Volatility...
#newstr #AsianStocks #UsEarningsSeason #JapaneseStocks #SouthKoreanStocks #AustralianStocks #UsShares #Yen #ChineseYuan #SamsungElectronics #Tesla #UsEquities #BigtechCompanies #Oil #Gold #FederalReserveRateDecision #Apple #Msci #HangSengIndex #DollarIndex
https://here.news/story/a1cb2d51?ver=0.11
quoting note1gd3…y4heApril Jobs Report Shows Solid Job Growth, Cooling Hiring Momentum
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#fd354de0 ver:0.07
The US labor market continues to show strength and resilience, with solid job growth and a drop in the unemployment rate to 3.7%. Wages are also increasing, but concerns about inflation remain. The Federal Reserve may potentially cut rates next year. Despite some predictions of a slowdown, the overall outlook for the US labor market remains positive. #jobs #economy #unemployment #wages #FederalReserve...
#newstr #AprilJobsReport #JobGrowth #HiringMomentum #UnemploymentRate #WageGrowth #UsLaborMarket
https://here.news/story/fd354de0?ver=0.07
quoting note12fn…ldeeJapan's Intervention Disrupts One-Way Bets Against Yen
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#191fec04 ver:0.83
Japan's intervention to support the yen disrupts one-way bets against the currency, preventing market imbalance. The yen strengthens, halting its slide against the dollar. Traders await US economic data for further market direction. #Japan #yen #intervention #forex...
#newstr #JapaneseYen #Usd #Intervention #BankOfJapan #FederalReserve #UsJobsData #Point72 #SophiaDrossos
https://here.news/story/191fec04?ver=0.83
quoting note1frx…28nnUS Stock Futures Rise on Apple's Strong Earnings Ahead of Nonfarm Payrolls Data
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#10d0212a ver:0.8
US stock futures rise on strong earnings from Apple and anticipation of nonfarm payrolls data. Asian markets resume trading after May Day holiday, closely watching impact of Fed Chair Powell's comments on interest rates. Yen strengthens but weakens after surge against dollar. Market tone influenced by US trading volatility. Hong Kong stocks rise, oil bounces back. Global stocks climb as Fed indicates dovish stance. Dollar retreats against yen. US stocks close with solid gains. Apple reports smaller decline in revenue. US stock market outlook remains positive. #stocks #earnings #interestrates #Asianmarkets #Apple #Fed #yen #volatility #HongKong #oil #globalstocks #dollar #USstocks #revenue #marketoutlook...
#newstr #UsStockFutures #Apple #NonfarmPayrolls
https://here.news/story/10d0212a?ver=0.8
quoting note15y5…ag7zUS Economy Faces Concerns Over Sluggish Productivity Growth and Rising Stagflation
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#d85b6eb2 ver:0.85
Concerns over sluggish productivity growth and rising stagflation in the US economy as Q1 GDP growth falls short of expectations at 1.6%. Consumer spending remains strong, but trade deficit and inventory data contribute to the slowdown. Inflation and interest rate uncertainty persist, with a 60% chance of a rate cut in September. Despite the challenges, the US economy outperforms other developed nations. Slow productivity growth and high inflation raise fears of stagflation. Biden's approval ratings may decline further as the economy slows and inflation continues. US spending and incomes continue to grow, but a monetary framework is needed to respond to a recession. #US #economy #GDP #stagflation #inflation #productivity #interestrates...
#newstr #UsEconomy #GdpGrowth #InterestRates #Inflation #ConsumerSpending #Biden'sEconomicScenario #Stagflation #Productivity
https://here.news/story/d85b6eb2?ver=0.85