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FastBull Featured

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The latest breaking news and the global financial events.
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[ECB] Nagel: Climate Transition May Push Interest Rates Up

Investments in the transformation of the euro area towards a climate-neutral economy will generate additional demand and can therefore lead to inflationary pressure.

[U.S.] Q1 GDP: Not as Weak as Expected

U.S. economic growth slowed in the first half of this year, contradicting previous judgments that many economic data showed even signs of overheating in U.S. economic performance.

[Fed] Timiraos: The Dream of Fed Rate Cuts Is Slipping Away

Inflation data is stronger than expected, which has led investors and the Fed to reconsider whether rate cuts are needed this year. Inflation for January and February is likely to be revised upwards and upcoming price data for March is expected to show continued strong inflation.

[Japan] Tokyo April CPI: "Distorted" Due to Education Subsidy Impact

The data were significantly lower than both the previous reading and the forecast, and also far below 2%. The "distortion" is largely attributed to the start of education subsidies.

April 26th Financial News

Tokyo inflation slows sharply and the Bank of Japan will remain cautious; WSJ's Timiraos says the dream of Fed rate cuts is slipping away as inflation has been stronger than expected for the third time...

[ECB] Schnabel: Wage Growth Is Showing Signs of a Slowdown

Wage growth remains relatively strong at the moment, but appears to show signs of a gradual slowdown. Corporate profits are continuing to absorb the impact of wage increases.

[Germany] GfK: German Consumer Confidence Continues to Improve

The trend of improving consumer confidence in Germany continues, with notable increases in income expectations, economic outlook, and willingness to purchase.

[BOC] Minutes: There's a Risk of Keeping Monetary Policy More Restrictive Than Needed

The increase in population added to the short-term pressure on shelter inflation. The breadth of price pressures in services was viewed as an upside risk to inflation. The risk had diminished that restrictive monetary policy would slow the economy, and there was a risk of keeping monetary policy more restrictive than needed.

[U.S.] EIA: Crude Oil Inventories Drop Sharply

The average daily U.S. crude oil refinery inputs decreased by 42,000 barrels from the previous week. Meanwhile, U.S. crude oil inventories are currently about 3% lower than the 5-year average, and total motor gasoline inventories decreased by 600,000 barrels from the previous week.

April 25th Financial News

Israeli warplanes pound northern Gaza Strip for a second day; the yen falls below 155 per dollar, but it's not enough for the Bank of Japan to intervene...

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