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Markets
Australia’s Trade Surplus widens to 4,385M MoM in October vs. 4,200M expected
Australia’s Trade Surplus widened to 4,385M MoM in October versus 4,200M expected and 3,707M (revised from 3,938M) in the previous reading, according to the latest foreign trade…
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Japanese Yen strengthens above 155.00 on weaker US jobs data, rising BoJ rate hike expectations
The USD/JPY pair attracts some sellers to around 155.25 during the early Asian session on Thursday. The US Dollar (USD) softens against the Japanese Yen (JPY) on…
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Final rally to 26700 underway
“the of a larger W-4 correction to be underway to between 20485 and 22835. However, we need to see a weekly close below 24000 for higher confidence (75% chance) that this is the…
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EUR/USD strengthens as weak US labor data pushes cut odds to 90%
EUR/USD surges over 0.40% on Wednesday after economic data in the US reinforced bets that the Federal Reserve would cut rates at the December 9-10 meeting. The pair trades at…
Sterling jumps as business survey triggers unwinding of negative bets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The pound jumped against the dollar on Wednesday, putting…
Dow Jones climbs 450 points after early AI shudders
The Dow Jones Industrial Average (DJIA) rose 450 points on Wednesday, sparked by renewed market optimism that the US economy is performing so poorly that the Federal Reserve (Fed)…
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