Category: April
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Employment trends for April 111.25 versus 112.16 last month (revised from 112.84).
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or all…
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Spain April Final Services PMI 56.2 vs. 56 expected
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Services PMI: 56.2 vs. 56 expected and 56.1 previously. Composite PMI 55.7 vs. 55.3 previously. Key findings: Stronger gains in activity, although new business growth slows. The numbers of jobs are increasing sharply. Inflation rates remain high. comment: Commenting on the PMI data, Jonas Wildhusen, Junior Economist at Hamburg Commercial…
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April Records Lowest Crypto Losses in Years: CertiK
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CertiK, a leading blockchain security company, has released its latest report revealing a significant decline in losses resulting from crypto-related hacks and fraud by the end of April. Pointing to the notable decline, CertiK reported that April saw a loss of approximately $25.7 million due to exploits, hacks, and fraud.…
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Premium Forex Watch Recaps: April 29 – May 3, 2024
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Global employment updates, easing tensions in the Middle East, and the Federal Reserve’s latest statement were some of the biggest drivers this week, leading our strategists to focus primarily on the US dollar and the US Dollar. Out of six discussions, Only two scenario/price forecasts saw both financial and technical…
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Dollar drops as employers add fewer jobs than expected in April By Reuters
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Written by Karen Brettell NEW YORK (Reuters) – The dollar fell to a three-week low against the yen on Friday after data showed U.S. job growth slowed more than expected in April and annual wage gains slowed, raising bets that the Federal Reserve (the U.S. central bank) will cut… Interest…
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Israeli startups raised over $1b in April
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In the first four months of 2024, Israeli startups raised $2.6 billion. Despite the war and the Easter holiday, Israeli startups raised more than $1 billion in April 2024, according to press releases seen by Globes. The number may be higher because some companies prefer to remain hidden and sometimes…
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Saxo Bank’s FX Volume Recovers in April, Equities Hit Record
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After a shy month, demand for Saxo Bank’s forex instruments rose again in April. According to the latest figures, the monthly volume of Forex instruments on the platform reached $99.3 billion last month. The daily average also improved to $4.5 billion. Forex trading volume is recovering from the bottom The…
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The Top Layer 2 Networks by Development Activity in April
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While the cryptocurrency market witnessed significant bloodshed in April, layer 2 networks recorded significant developer activity, indicating strong faith in these projects despite the recent decline in the value of their native tokens. a tweet Cryptocurrency data analytics platform Santiment revealed that the top ten Layer 2 networks were selected…
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April US jobs report shows looser labor market, good news for Fed By Reuters
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(Reuters) – U.S. job growth slowed more than expected in April and annual wage gains slowed, signs of a more resilient labor market that are good news for markets and the Federal Reserve, which will likely require more of these signals before shifting from higher policy to higher policy. Longer…
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Eurozone Final April Manufacturing PMI 45.7 vs. 45.6 expected
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In the Eurozone, the April manufacturing PMI was 45.7 versus 45.6 expected and 46.1 previously. Key findings: Eurozone HCOB manufacturing PMI at 45.7 (March: 46.1). Lowest level in 4 months. Eurozone HCOB manufacturing PMI output index at 47.3 (March: 47.1). Highest level in 12 months. Factory output is falling at…
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Daily Broad Market Recap – April 30, 2024
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It was a good day for the dollar to rise, with the greenback seeing a steady rise across the board, even before the high-level US reports came out. But how did the rest of the financial markets perform? Titles: China official manufacturing PMI for April: 50.4 (50.3 expected, 50.8 previously)…
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Daily Broad Market Recap – April 29, 2024
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The market holiday in Japan and the lack of verbal intervention from Japanese officials weren’t enough to stop the yen from making big moves! Here’s how it all went down. Headlines: Major city in southwest China (Chengdu) removed home-buying curbs to support property sector Germany preliminary CPI for April: 0.5%…