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Poland Producer Prices Steady In December

Poland Producer Prices Steady In December

Poland's producer prices remained stable in December, data from Statistics Poland showed on Friday.The producer price index remained unchanged year-on-year in December, after a 0.2 percent decline in November. Economists had expected a 0.1 percent fall.Prices for ...

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Taiwan Jobless Rate Falls In December

Taiwan Jobless Rate Falls In December

Taiwan's jobless rate fell marginally in December, figures from the Directorate General of Budget, Accounting and Statistics showed on Friday.The seasonally adjusted jobless rate decreased to 3.76 percent in December from 3.77 percent in November.On an unadjusted basis, ...

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Yuan to stay resilient in 2021 – HSBC

Yuan to stay resilient in 2021 – HSBC

USD/CNY has shown some two-way volatility, amid higher longer-term US yields and uncertainty around US-China relations. In the view of economists at HSBC, the yuan will remain resilient this year, even when China’s economic outperformance is expected to narrow in the second ...

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Latvia Producer Prices Decline Slows In December

Latvia Producer Prices Decline Slows In December

Latvia's producer prices declined December, albeit at a softer pace, figures from the Central Statistical Bureau showed on Friday.The producer price index fell 0.3 percent year-on-year in December, following a 0.9 percent decrease in November.Among components, prices of ...

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Further easing not ruled out yet – UOB

Further easing not ruled out yet – UOB

Senior Economist at UOB Group Alvin Liew reviews the latest BoJ monetary policy meeting.Key Quotes“The Bank of Japan (BOJ) decided to keep its policy measures unchanged at its first Monetary Policy Meeting of 2021 today (21 Jan). And in its January 2021 outlook for ...

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Oil pulls back, gold edges lower

Oil pulls back, gold edges lower

Oil may see a minor correction Oil prices are pulling back a little today after failing to break through previous highs on Wednesday. WTI is seeing serious resistance around USD54 which may drain momentum out of the rally that was looking in good shape. Perhaps we’re ...

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US dollar retreats on stimulus hopes

US dollar retreats on stimulus hopes

The dollar wilts before the stimulus trade The US dollar index retreated overnight as markets continued to rotate out of US dollars and into global recovery facing commodity and Asian currencies. The dollar index fell 0.40% to 90.04, leaving it squarely in the middle of ...

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