Abstract:Even amid economic difficulties, the growth in Retail Sales has been noted at 0.7%, a significant increase from the upwardly adjusted 0.1% acceleration seen in the preceding month. This performance surpasses the market forecast of 0.2%.
Even amid economic difficulties, the growth in Retail Sales has been noted at 0.7%, a significant increase from the upwardly adjusted 0.1% acceleration seen in the preceding month. This performance surpasses the market forecast of 0.2%. Consequently, this constitutes the third month in a row where retail trade has witnessed growth, clocking in the highest rate thus far.
USD – The yield curve inversion and its past association with recessions require close attention
EUR – ‘Uncertainty’ stalls German economy
GBP – Bank of England may slow pace of UK rate hikes
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In the midst of the 2021 crypto and NFT boom, celebrities flocked to the burgeoning market of digital assets, promoting Non-Fungible Tokens (NFTs) as the next big thing. Fast forward to 2024, the glitter has faded, and many celebrity-endorsed NFTs have lost their allure. The question remains: what happened to celebrities’ NFTs, and why should this serve as a stark reminder for everyday investors?
Updated forex analysis shows USD weakness, focusing on key levels like EUR/USD, DXY bearish trend, and pivot points for major currency pairs.
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