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Stocks rally ahead of likely Fed pause

The stock market rally extended yesterday after US inflation figures reassured investors. The US Federal Reserve (Fed) is widely expected to leave in…

2 years, 11 months ago

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Apple at an all-time high

Apple closed at an all-time high and the S&P 500 index ended the day above 4325 points its intra-day high from last August and so a key level for tec…

2 years, 11 months ago

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A big central bank week coming up

This week is a busy one with central banks around the world expected to announce their latest interest rate decisions, including the US, Eurozone, Ja…

2 years, 11 months ago

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A bull market in the US and the Swiss franc on a roll

The S&P 500 index in the US entered bull market territory yesterday, up 20% since its October 2022 low, on optimism that the Federal Reserve will kee…

2 years, 11 months ago

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Bank of Canada’s surprise hike spooks markets

The Bank of Canada joined the Reserve Bank of Australia by resuming rate hikes yesterday. Following the surprise 25-basis-point hike, US Treasury bon…

2 years, 11 months ago

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China in the spotlight this morning

Straight after the Chinese authorities asked the country’s largest banks to lower their deposit rates, China’s trade data disappointed, with both imp…

2 years, 11 months ago

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US regulator files a lawsuit against crypto exchange Binance

The US Securities and Exchange Commission has sued cryptocurrency exchange Binance and its CEO Changpeng Zhao for US securities violations. Our Chief…

2 years, 11 months ago

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US equity outperformance resumes

US equities gained on Friday on the back of the deal to raise the debt ceiling and a mixed bag of economic reports that suggested the Federal Reserve…

2 years, 11 months ago

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Stocks rally on renewed economic optimism and debt ceiling resolution

Although this week's employment data was generally stronger and US manufacturing remains under pressure, equities and bonds broadly rallied yesterday…

2 years, 11 months ago

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Debt ceiling bill passes in the House with broad bipartisan support

The US House of Representatives passed a bill late yesterday to suspend the USD 31.4 trillion debt ceiling. The bill will now pass to the Senate just…

2 years, 11 months ago

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