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A quiet start to a busy week

The main story this morning is the visit to China by US Secretary of State Antony Blinken, which has shown the first tentative signs of progress. How…

3 years ago

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Equities up, USD mostly down

After a flurry of interest rate decisions by major central banks, global equities are mostly higher and the USD is mostly weaker - although it is ris…

3 years ago

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Fed pauses as it weighs impact of tightening cycle

The US Federal Reserve left rates unchanged yesterday and sees two small hikes by the end of 2023, as it deals with a stronger-than-expected economy …

3 years ago

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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…

3 years 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…

3 years 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…

3 years 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…

3 years 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…

3 years 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…

3 years 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…

3 years ago

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