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Stocks power to new records despite hot US inflation

US inflation comes in hotter than expected, but markets brush it off. Dollar unable to gain much, equities close at new all-time highs. Gold hit by p…

2 years ago

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Investors lock gaze on US inflation data

Dollar trades cautiously ahead of inflation numbers. Yen pulls back on Ueda’s and Suzuki’s remarks. Pound retreats but BoE still expected to cut rate…

2 years ago

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Gold shines, dollar languishes after mixed US payrolls

Dollar in limbo after mixed signals from US employment report. Japanese yen and British pound capitalize most on dollar’s troubles. Gold hits another…

2 years ago

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Dollar gets smoked ahead of nonfarm payrolls

Dollar falls sharply, will US employment data fuel this selloff? Yen stages
comeback, euro climbs as well after ECB decision. Gold and stocks hit new
r…

2 years ago

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Week Ahead: US CPI to headline dull week, may spoil the calm

US inflation and retail sales data to take the spotlight as dollar slips. UK jobs and GDP numbers coming up too amid recession woes. Will markets hol…

2 years ago

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Powell still sees rate cuts this year, ECB enters the spotlight

Powell says it may be appropriate to lower rates this year. Yen rallies as speculation about BoJ exiting negative rates intensifies. BoC appears less…

2 years ago

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Gold hits new records ahead of Powell’s testimony

Gold soars to new record highs as Fed chief prepares to testify. Bitcoin also hits all-time peaks, but retreats alongside tech stocks. Bank of Canada…

2 years ago

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Dollar awaits ISM services PMI, China sets dubious targets

ISM non-mfg. PMI awaited ahead of Powell’s testimony and NFP. Yen slide
pauses after accelerating Tokyo CPIs. Aussie and kiwi slip as China
announces a…

2 years ago

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Gold and equities shine after disappointing US data

Dollar loses steam after soft ISM manufacturing survey. But gold and stock markets rally, closing at new records. Huge week lies ahead, featuring an …

2 years ago

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Stocks storm to fresh records on easing inflation

Wall Street surges to all-time highs after in-line PCE inflation. Dollar slips before bouncing back, yen gets knocked back by dovish Ueda. Euro suppo…

2 years ago

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