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MARKET MOVEMENTS: --Brent crude oil edged up 0.2% to $74.40 a barrel. --European natural gas fell 2.4% to EUR33.40 a megawatt hour. --Gold futures weakened...
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
There are the results of the first currency trading of the week.
Euro Suffers Despite Growing Confidence in the Eurozone’s Economic Recovery for 2021 The Euro to Australian Dollar (EUR/AUD) exchange rate fell by -0.3% today, with the pairing currently trading around AU$1.56. The Euro struggled today following the release of the latest German GDP data for the final quarter of 2021. Germany’s economy fell by -5% last year – its worst since the financial crisis. However, Eurozone markets are not too concerned about Germany’s economy, which has handled the Covid-19 crisis relatively well. Nonetheless, Deutsche Bank analysts warned: ‘We keep our +4.5%...