Oil prices react to IEA statement

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Source: Dukascopy Bank SA
Prices for crude oil recently declined due to the International Energy Administration stating that the recent OPEC+ output cuts could hurt oil product consumers.
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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 06:30:08 GMT

China's GDP recovers

The results of a recent economist survey done by Reuters has revealed that the GDP of China might increase by 5.4% in 2023. However, most of the growth is expected to be caused by the recovery from the coronavirus pandemic.

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