US fails to react to OPEC+

Source: Dukascopy Bank SA
Due to the President of the US Joe Biden not implementing actions in retaliation to the OPEC+ production cut, various economists have announced that the vent signals an upcoming economic slowdown.
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Fri, 14 Apr 2023 12:57:56 GMT

US Retail Sales boost USD

The US Dollar has spiked nearly 0.40% against peer currencies due to the publication of worse than expected US monthly Retail Sales data. US Retails Sales declined by 1.0% instead of the expected 0.4% and Core Retail Sales have decreased by 0.8% compared to the forecast -0.4%.

Mon, 17 Apr 2023 12:30:13 GMT

ECB needs more rate hikes

The head of the Belgian Central Bank Pierre Wunsch has stated that the ECB has to increase the rate of its asset sales and continue with 0.50% percent base interest rate hikes to stop the stubborn Euro zone inflation.

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