Tag: ADP data
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Dollar Falls in NY FX Market as ADP Data Boosts Rate Cut Bets
Market Overview: Dollar Dips in NY FX Market The dollar eased in late New York trading as softer U.S. employment signals intensified bets that the Federal Reserve will deliver additional rate cuts this year. The dollar index drifted lower, while major forex pairs retraced earlier gains and the dollar weakened against the yen and the…
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Markets Today: Trump Tariffs, Urso Says Data Will Reveal Impact
Markets Today: European stocks rise as Wall Street data and tariff developments weigh on sentiment European equities edged higher as traders absorbed the latest signals from U.S. tariff policy and watched for the annual data that could clarify which sectors are most exposed. Italy’s Industry Minister Adolfo Urso underscored a cautious, data-driven approach, saying we…
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Markets Today: Tariffs and Jobs Data Shape European Stocks
Tariffs and Italy’s stance: waiting for annual data Markets opened with caution as traders weighed the impact of U.S. tariffs on Italian exports and the broader global trade backdrop. Italy’s Minister of Enterprises, Adolfo Urso, said we must wait for annual data to truly identify which sectors are affected and how best to design targeted…