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22 Aug 2019

Bundesbank: No need for German fiscal stimulus right now

According to the latest headlines crossing the newswires, the German central bank (Bundesbank) sees no need for fiscal stimulus by the government right now, per Reuters.

With the initial market reaction, major European equity indexes fell sharply with Germany's DAX and the Euro Stoxx both erasing as much as 0.7%.

Additionally, the shared currency came under renewed bearish pressure in the last hour. As of writing, the EUR/USD pair, which touched a daily high of 1.1113 earlier in the day, was trading at 1.1077, losing 0.05% on a daily basis.

Aug 22, 2019

US Pres. Trump: Economy is doing really well

US President Donald Trump, once again, called upon the Fed to lower its interest rate. "The economy is doing really well. The Federal Reserve can easi
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Aug 22, 2019

United States Kansas Fed Manufacturing Activity came in at -2, above expectations (-10) in August

United States Kansas Fed Manufacturing Activity came in at -2, above expectations (-10) in August
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