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Markets
The S&P 500 is starting to come under increasing pressure
S&P 500 under pressureFailure to break above the trend‑channel line has been the tell. Small ranges since late Nov = momentum fading. Stochastics now turning bearish, giving…
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Supports holding interest rates steady in December
European Central Bank (ECB) policymaker Peter Kazimir said in the European session on Monday that he doesn’t see any reason of monetary policy adjustment in the policy meeting this…
Likely to trade in a higher range of 0.6625/0.6655 – UOB Group
Australian Dollar (AUD) is likely to trade in a higher range of 0.6625/0.6655. In the longer run, further AUD strength is not ruled out; it remains to be seen if 0.6685 is within…
Upward momentum is starting to slow – UOB Group
Euro (EUR) is likely to trade in a range between 1.1625 and 1.1665. In the longer run, upward momentum is starting to slow; a break below 1.1615 would indicate that EUR is not…
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Indian Rupee declines on consistent foreign outflows, RBI’s rate cut
The Indian Rupee (INR) trades lower against the US Dollar (USD) at the start of the week. The USD/INR pair jumps to near 90.50 as the Indian Rupee continues to underperform due to…
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Focuses to maintain 10-year JGBs at 2%
Japan's Keidenren Chair Tsutsui said during the European trading session on Monday that negotiators are expected to visit China in January to discuss over trade.Additional…
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