HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
Latest data released by Destatis – 1 March 2021 Prior +1.0% The headline reading shows a slight tick higher relative to January, which reaffirms the expectation of a firmer reading when looking at the national report later today. The details though show that core inflation isn’t quite as jumpy and in fact fell from +1.4%
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Australia – AiG Manufacturing PMI for February comes in at an improved 58.8 Australian Industry Group Performance of Manufacturing Index prior 55.3 Deep in expansion, and its highest since March of 2018. An encouraging sign.  Some of the sub-indexes: production 65.87 +8.9 New orders 59.97 +5.3 Stocks 48.07 -5.5 pts Average wages 58.27 +1.8 pts
The PM announced the new lockdown after a community case of coronavirus with an unknown origin was detected. Level 3 restrictions imposed, people can leave home only for essential shopping and essential work The rest of the country will be placed into a less restrictive alert level 2.  — For the NZD this should mean a
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Biden urges Senate to pass legislation Biden called on the Senate to quickly pass the $1.9 trillion stimulus package after it cruised through the House. “It’s time to act,” he said on Saturday, noting that an “overwhelming” percentage of Americans support the bill. “We have no time to wasted.” The bill will provide $1400 each