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Markets
Volatile slide then consolidation expected – Commerzbank
Commerzbank’s Commodity Research team highlights a sharp setback in Gold and Silver, with Gold briefly dropping to USD 4,900 per ounce before stabilizing near USD 5,000. Analysts…
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Gold consolidates below $5,000 as US CPI report looms
Gold (XAU/USD) attracts modest dip-buying interest on Friday after sliding to a near one-week low the previous day, breaking below the $5,000 psychological mark. The recovery,…
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When software turns the blade on itself
Turns the blade on itselfYesterday was one of those sessions that tells you more about plumbing than poetry.Equities cracked, tech led the descent, and gold dropped more than 3 per…
Yen rebound extends after election – MUFG
MUFG’s Senior Currency Analyst Lee Hardman notes that the Japanese Yen is set to be the best-performing G10 currency this week, with USD/JPY dropping sharply after Japan’s election…
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No cuts view strengthened on data – Nordea
Nordea’s Ole Håkon Eek-Nielsen and Jan von Gerich, reiterates their call for no interest rate cuts from the Federal Reserve. Strong US growth, a tight labour market, a weaker…
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Gold steadies as safe-haven flows offset USD strength ahead of US CPI
Gold (XAU/USD) sticks to modest intraday gains through the early European session on Friday, though it remains below the $5,000 psychological mark as traders keenly await the…