ECB reveals AI research results

Source: Dukascopy Bank SA
The European Central Bank has revealed that its research has concluded that artificial intelligence does not threaten jobs, but actually it is set to reduce wage levels.
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Wed, 29 Nov 2023 13:38:28 GMT

US GDP moves the markets

At 13:30 GMT, the United States Bureau of Economic Analysis published the US Preliminary Gross Domestic Product data. The initial reaction to the publication was a US Dollar decline. The markets expected the US GDP to have increased by 5.0% on a quarter to quarter basis. However, the actual number turned out to be 5.2%.

Wed, 29 Nov 2023 10:30:12 GMT

PBoC stimulates demand

The Peoples Bank of China has announced that it would combat systemic risk by targeting the central bank's policy at stimulating domestic demand.

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