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Markets
AUD/USD likely to hold close to current levels at 0.6600 on a one-month view – Rabobank
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AUD/USD hovers around the 0.6600 level. Economists at…
Exclusive-LME targets Hong Kong as option for warehouse expansion
© Reuters. Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018. REUTERS/Simon Dawson/File Photo
By Pratima Desai LONDON (Reuters) -…
BlackRock upgrades U.S. stocks to overweight, says AI-driven rally could broaden in next 6 to 12 months
BlackRock on Monday upgraded its overall outlook for U.S. stocks to overweight from neutral, as the world’s largest asset manager sees the S&P 500’s…
Saudi Aramco ditches plan to lift oil production
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Aramco has dropped a plan to boost its daily…
NZD/USD gains ground on expected Chinese stimulus, extends gains to near 0.6140
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NZD/USD moves in an upward direction amid a subdued US…
The Fed may be ‘patient’ in cutting rates, says portfolio manager at Morgan Stanley
The U.S. stock market is facing a tougher climb in 2024, even as investors expect that the Federal Reserve will cut interest rates this year, according to…
The Magnificent 7 value trade
Good morning. Armstrong here, back after a week in California. I can report that Los Angeles in January is a lot more pleasant than New York in January, and that the best song to…
Gold price benefits from geopolitical risks and sliding US bond yields, remains below $2,040
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Gold price edges higher for the second straight day,…
Brazil’s imports of Russian oil products soar
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brazilian imports of diesel from Russia last year soared…