Inflation pressures remain elevated near historic highs, worries over aggress Fed tightening knocking the economy into recession are still on. Slowdown fears are also being exacerbated by slumping economies abroad…
Category:
Forex
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USD holds at highs following hot CPI & PPI data but with signs the peak may have been reached. Stocks stalled their recent declines, closing flat in the US and…
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As is well known, Elon Musk, the richest man in the world and CEO of Tesla, is close to buying the #15 social media player, Twitter, with a $44 billion…
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US stocks have slumped sharply since their January 2022 peak: USA500 is nearing a bear market after losing more than -19%; USA100 plunged more than -28%; USA30 lost more than…
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Cryptocurrency giant Bitcoin is in free fall, as pressure on cryptocurrency regulations grows as does fear and risk aversion, after US Treasury Secretary Janet Yellen called for a regulatory framework…
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USD rallies to new highs following much volatility after US CPI data for April was lower than March but higher than expected, rekindling concern that aggressive central bank action will…
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The forthcoming US CPI data are expected to indicate that inflation continued to rise in April, albeit at a slower rate than in previous months. The Bloomberg survey of experts forecasts…
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The price of gold has had a sharp contraction in recent weeks and some days with falls greater than 300 pips. Gold reacts to global conflicts and the movements of…
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USD holds at highs and on standby for US CPI later, Stocks stalled their recent declines, Yields cool a tad as talk of Treasury rout also cools with 10-yr back…
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EURUSD, H1 The May German ZEW Investor Sentiment expectations number lifted to -34.3 from -41.0 in April. The current conditions indicator came in weaker than expected at -36.5, down from…
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