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Stocks rally but dollar holds firm on soft PCE inflation

Expectations of further Fed rate hikes evaporate after dip in core PCE. Stocks rejoice but dollar stays in demand as yen’s comeback bid falters. RBA …

2 years, 7 months ago

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Yen shines as Bank of Japan loosens yield control

Yen shines after BoJ makes ‘stealth’ changes to yield control. Dollar also
gains, boosted by strong US data and rising yields. Euro sinks as ECB
refuse…

2 years, 7 months ago

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Week Ahead: NFP report to probably steal the limelight from BoE and RBA

The Bank of England and Reserve Bank of Australia will wrap up the summer central bank decisions in the coming week, although the US jobs report may …

2 years, 7 months ago

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Dollar slides on Fed, ECB and BoJ enter the limelight

Fed Chair Powell appears less hawkish than expected. Dollar slides as investors add to their rate cut bets. ECB to hike, focus on Lagarde’s remarks. …

2 years, 7 months ago

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Investors lock gaze on Fed decision

Fed expected to hike, spotlight to fall on hints about next moves. Euro awaits ECB; aussie slides on inflation slowdown. Wall Street gains, awaits Fe…

2 years, 7 months ago

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China stimulus promises boost oil prices

China pledges more stimulus, lifting oil prices and local stocks. Euro licks wounds after disappointing PMIs, antipodeans shine. Wall Street advances…

2 years, 7 months ago

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Euro slides after PMIs, yen gets rocked by BoJ

Yen slammed lower as bets of BoJ tightening this week get unwound. Euro bruised by PMI surveys, gold bounces, Nasdaq awaits rebalancing. Huge week li…

2 years, 7 months ago

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Week Ahead: Fed, ECB and BoJ decisions take center stage

Following a relatively quiet week in terms of economic data and events, the spotlight now turns to three major central banks: the Federal Reserve, th…

2 years, 7 months ago

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Fed expectations swing again, lifting dollar, tech stocks tumble

Strong jobless claims revive higher for longer bets for the Fed, buoying the dollar. Upbeat data also come to pound’s aid, but yen slips as expectati…

2 years, 7 months ago

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Dollar’s faith lies on the Fed as ECB officials soften tone

Dollar extends recovery, awaits Fed decision. ECB’s Stournaras said July hike would be enough. Pound, yen extend retreat, aussie gains on jobs report…

2 years, 8 months ago

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