This is what you need to know to trade today Thursday May 12: The dollar regained its strength after Wednesday’s US inflation data and continued to outperform its rivals during the Asian session on Thursday. The dollar index is at its highest level since late 2002, above 104.00, ahead of US April producer price index […]
GBP/USD falls to new two-year low below 1.2200 after weaker UK GDP
GBP/USD weakens as UK data confirms politicians’ economic fears. Preliminary GDP declines to 0.8% in the UK in Q1 vs. 1.0% expected, March monthly figure turns negative. The strength of the dollar due to risk aversion also puts downward pressure on the pair. The US PPI will focus investors’ attention to confirm the strong CPI […]
China: Premier Li is helping push leader Xi Jinping to improve the economy – WSJ
The Wall Street Journal (WSJ) published an article on Chinese Premier Li Keqiang, showing how he helped the economy avoid a noticeable slowdown. “With China mired in its worst economic crisis in recent times, the Mr. Li is helping to pressure China’s authoritarian leader to reverse some measures that moved the country away from Western-style […]
EUR/USD risks further pullback below 1.0470 – UOB
According to UOB Group currency strategists Lee Sue Ann and Quek Ser Leang, the EUR/USD risks further weakness if it breaks below 1.0470. Key comments 24 hour view: “Yesterday, we highlighted that EUR/USD ‘could go lower, but any weakness is expected to be met with support at 1.0500’. EUR/USD fell short of all the way […]
UK: Manufacturing production falls 0.2% mom in March vs. 0% expected
UK industrial sector recovery faltered in Marchaccording to the latest UK industrial and manufacturing production data released by the Office for National Statistics (ONS) on Thursday. Manufacturing production fell -0.2% MoM in March vs. 0% expected and -0.6% recorded in February, while total industrial production fell -0.2% vs. 0.1% expected and -0.3% past. In annual […]
Breaking News!: Preliminary UK GDP expands 0.8% quarter-on-quarter in the first quarter
UK GDP expanded by 0.8% qoq in the first quarter vs. 1.0% expected. UK GDP came in at -0.1%m/m in March vs. 0.1% expected. GBP/USD hits new two-year lows below 1.2200 after poor UK GDP. In the three months to March, the British economy grew by 0.8% in quarter-on-quarter termscompared to 1.3% registered in the […]
Women in Afghanistan protest the imposition of the mandatory use of the burqa
Afghan women, mostly barefaced, demonstrated last Tuesday, May 10, in Kabul, Afghanistan to protest against the Taliban regime’s recent decision to force them to cover their faces when in public places. “The burqa is not our hijab” and “Justice, justice! The burqa is not ours” were some of the messages shouted by the protesters, who […]
Christian Nodal surprises by posing with a woman for New Zealand’s ‘Playboy’ magazine
Despite the fact that this year has not been the best on the subject of love for Christian Nodal, there is no doubt that professionally he is experiencing his most successful moments. While he is in charge of his musical presentations on his tour Outlaw Tourthe singer has not stopped working, or at least that […]
17-year-old student discovers a new planet on his third day of internship at NASA
Wolf Cukier, 17, a senior at Scarsdale High School in New York, set out to be a summer intern at NASA’s Goddard Space Flight Center and it took him just three days to discover a new planet. Cukier made the most of his internship at NASA after being assigned to monitor variations in the brightness […]
Doctor will do the world’s first uterus transplant to a trans woman
The world of medicine never ceases to amaze us with its advances and, on this occasion, Dr. Narendra Kaushik, originally from New Delhi, will perform the first uterus transplant surgery in the world on a trans woman. According to newspaper reports Mirror, the organ will come from a deceased donor or from a woman who […]