EUR/USD climbs closer to 1.1800 before preliminary German inflation figures
EUR/USD Sees Slight Increase Ahead of German Inflation Data The EUR/USD currency pair inched up to approximately 1.1810 during the late Asian session on Friday, just before the release of preliminary inflation figures for February from Germany and other major economies. It’s anticipated that the preliminary German Harmonized Index of Consumer Prices (HICP) will show […]
USA-Canada women’s hockey results: live updates for preliminary match in the Olympics
USA vs. Canada: Women’s Hockey Showdown On Tuesday, a highly anticipated game in women’s hockey unfolded, showcasing a fierce rivalry between the United States and Canada. At the time, the U.S. held the top spot in the world rankings, while Canada sat at a close second, with only a 10-point difference separating the two teams. […]
UK preliminary Composite PMI rises significantly to 53.9 from 51.4 previously.
The preliminary data suggests that the UK’s headline PMI saw an increase, jumping from 51.4 in December to 53.9 in January, which was higher than the anticipated figure of 51.7. This indicates a notable rise in overall business activity, driven by strong growth in both the manufacturing and service sectors. The Services PMI came in […]
Trump Cancels Tariffs After Agreeing on Preliminary Greenland Agreement
Trump Announces Greenland Agreement Framework On Wednesday, President Donald Trump shared on Truth Social that a “framework” for an agreement involving Greenland has been reached, which means tariffs initially set to begin on February 1 will not be implemented. This announcement follows Trump’s recent warning on Saturday about imposing a 10% tariff on several European […]
Bank of Palestine gets preliminary approval for complete banking license from ADGM
Bank of Palestine Expands Globally with Approval for Banking License The Bank of Palestine, with ambitions to reach the global Palestinian diaspora, has secured preliminary approval for a full banking license from the Abu Dhabi Global Market (ADGM), which is known as a financial hub in Abu Dhabi. According to a statement released by the […]
EUR/USD maintains strength as Eurozone preliminary PMIs take center stage
EUR/USD Outlook: Minor Decline Amid Mixed Eurozone Data As of now, the EUR/USD has slipped from a session peak of 1.1764, primarily due to disappointing preliminary Purchasing Managers’ Index (PMI) figures for the Eurozone and significant economies. Currently, it’s trading at about 1.1750, showing little change on the daily chart. The Eurozone’s services sector activity […]
Eurozone preliminary HICP increases to 2.2%, surpassing 2.1% in October
The annual Harmonized Index of Consumer Prices (HICP) for the euro area showed a rise of 2.2%, slightly above the previously expected increase of 2.1%. However, for the month, there was a decline of 0.3% in the headline HICP. When it comes to the core HICP, which excludes fluctuating categories like food, energy, and tobacco, […]
Pound Sterling falls following disappointing UK Retail Sales and preliminary PMI data.
The British pound took a noticeable hit against major currencies on Friday, primarily due to disappointing retail sales figures for October in the UK, alongside preliminary S&P Global Purchasing Managers’ Index (PMI) results for November. The Office for National Statistics (ONS) indicated that retail sales—a key indicator of consumer spending—dropped by 1.1% month-over-month. This was […]
Preliminary report on Kentucky UPS plane crash issued by NTSB, including new photos
NTSB Releases Preliminary Report on UPS Plane Crash in Louisville The National Transportation Safety Board (NTSB) has issued a preliminary report regarding the recent tragic UPS plane crash in Louisville, Kentucky. A Boeing MD-11F was lost shortly after it took off, resulting in the deaths of three individuals aboard and eleven on the ground. Additionally, […]
Broadway musicians achieve preliminary deal with theater owners, avoiding possible strike
The show must go on! On Thursday, Broadway musicians reached a preliminary collective bargaining agreement with theater owners, which effectively puts a stop to a looming strike that threatened to shut down about two dozen musicals. The American Federation of Musicians Local 802, representing around 1,200 musicians, announced that the deal with the Broadway League […]