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Wednesday: US stocks down before FOMC

US stocks fall on a lack of trade deals ahead of tomorrow’s FOMC decision. The US trade deficit blows out on import stockpiling ahead of Trump’s tari…

1 year, 1 month ago

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Tuesday: Taiwan & HK$ surges trigger intervention

The Taiwan dollar surges, forcing central bank intervention. The Hong Kong Monetary Authority also intervenes to stop the Hong Kong dollar breaking i…

1 year, 1 month ago

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Monday: Oil falling as Saudis hike output

Oil prices are set to fall again with Saudi Arabia expected to force through a deal to increase output later today. Australia’s election result sugge…

1 year, 1 month ago

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Friday: Yen falls after BoJ delays hike view

US stocks jump on tech earnings, but a new US manufacturing survey points to rising chances of a US recession. The Bank of Japan holds dovishly, whic…

1 year, 2 months ago

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Thursday: Oil drops 3.4% as US GDP falls

US GDP falls for the first time since 2022. US stocks slide 0.5% and oil prices fall 3.4%. Lower core inflation in Australia lends support to the RBA…

1 year, 2 months ago

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Wednesday: US confidence slumps again

US stocks firm, but oil prices slide after another slump in US consumer confidence drove growth views and Treasury yields lower. Australian consumer …

1 year, 2 months ago

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Tuesday: Chances of China-US deal remote

US stocks and the US dollar are down again on nerves about tech earnings. China exempts some US imports from tariffs, but a wider deal is unlikely. A…

1 year, 2 months ago

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Monday: Signs trade war is easing

Signs the sharp edges are coming off the global trade war have lifted US stocks and the US dollar, which means the Aussie and Kiwi dollars start lowe…

1 year, 2 months ago

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Thursday: Trump backs off on China & Fed

US stocks and the US dollar rallied overnight on hopes Donald Trump will cut tariffs on China, and after he said he doesn’t want to fire the Fed’s ch…

1 year, 2 months ago

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Wednesday: Bessent sees China 'de-escalation'

US stocks rally as the US Treasury Secretary says the US-China trade conflict is unsustainable and is likely to ‘de-escalate’ soon. But surveys show …

1 year, 2 months ago

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