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Forecasting the upcoming week: Iran war keeps Oil in focus as markets reassess Fed outlook
The US Dollar (USD) is ending the week on a firmer stance as the US/Israeli war against Iran closes in on two weeks. Iran's closure of the Strait of Hormuz has spiked Oil prices, boosting inflation risks and prompting investors to hide in safe-haven currencies like the Greenback.
Fxstreet
Fri, Mar 13
China: Industrial strength outpaces weak consumption – Commerzbank
Commerzbank’s Senior Economist Dr. Henry Hao expects upcoming China data to confirm a structural divergence: Industrial Production around 5.5% year-on-year, supported by a 21.8% export surge in green tech, versus modest 3.0% retail sales and subdued Fixed-Asset Investment near 1.5%.Fxstreet
Fri, Mar 13
Sweden: Low inflation keeps Riksbank sidelined – Nordea
Nordea’s Torbjörn Isaksson reports that Swedish CPIF and CPIF ex energy were confirmed at low year-on-year levels, with seasonally adjusted core measures well below the 2% target. Despite a bounce in core services inflation, overall pressures remain subdued.
JOLTS Job Openings rose to 6.94 million in January, beating expectations
The number of job openings in the US was little changed at 6.94 million in January, while for December it was revised upward to 6.55 million from the 6.54 million previously reported, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and Labor Turnover Survey (JOLTS) on Friday.Fxstreet
Fri, Mar 13
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Airbrush Upgrades AI Image Enhancer With 16K Output and Batch Processing for Up to 50 Images
【US Pre-Market】Futures Mixed as Apple Falls Over 4%, Palantir Drops Over 6% Ahead of AMD Earnings
AMD Stock Rises Over 2% Pre-Market Ahead of Earnings With Helios Ramp-Up and PC Demand Guidance in Focus
Today’s Market Recap: Oil Slumps 8%, Apple and PLTR Earnings Beat Expectations, Marvell Tumbles Over 12%
Nasdaq Snaps Three-Day Losing Streak, SOX Rises 2.6%; Chip Stocks Rebound Strongly, SpaceX Gains 3.6%
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