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A confused market tries to find its footing

Dollar is steadier following the weekend’s events. Chairman Powell speaks today as outlook becomes challenging. Bitcoin benefits from developments an…

1 year, 8 months ago

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Weaker US CPI sends US stocks into a tailspin

Top US stocks fall despite the weaker CPI report. Dollar suffers but
euro/dollar fails to make significant gains. Gold climbs above the $2,400
level ag…

1 year, 8 months ago

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Week Ahead: ECB set to hold rates, plethora of data on the way

ECB is not expected to cut in July but will it signal one for next meeting? Retail sales will be the main highlight in the United States. UK CPI repo…

1 year, 8 months ago

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Wounded dollar awaits inflation numbers

Powell’s testimony dents the dollar. US CPI data could deepen the wounds.
Pound gains as BoE’s Pill dampens August cut bets. Wall Street at new
highs, …

1 year, 8 months ago

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Stocks undaunted by Powell’s mixed tone

US stocks rally continues after Chairman Powell’s comments. French developments and ECB doves keep euro in check. China reacts to bond market rally, …

1 year, 8 months ago

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Spotlight falls on Fed Chair Powell’s testimony

Dollar stays on the back foot ahead of Powell. Euro gains ground after French vote. Yen steady as BoJ discusses bond purchases. Wall Street extends r…

1 year, 8 months ago

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Dollar slides on jobs data, Euro dips on French gridlock

US jobs data confirms bets of two Fed rate cuts. Dollar slides ahead of Powell testimony, US CPI numbers. Euro gaps down as French election results i…

1 year, 8 months ago

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Week Ahead: Round two of French election, Powell testimony and US CPI

French parties race to block Le Pen’s RN. Powell testifies before Senate Banking Committee. US CPI data to shake Fed rate cut bets. RBNZ to leave OCR…

1 year, 8 months ago

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Spotlight on NFP as dollar sinks; pound unmoved by Labour landslide

Dollar slips further ahead of crucial US jobs report. Pound marginally higher as Labour crush the Tories in UK election. Equities set to end week on …

1 year, 8 months ago

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Dollar skids on ISM services dip, pound steady as UK votes

ISM services PMI points to unexpected contraction in June. Treasury yields
and dollar take a dive, but Wall Street rallies. Pound in bullish mode as U…

1 year, 8 months ago

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