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Markets
EUR/GBP edges higher as Eurozone inflation supports Euro, BoE weighs
EUR/GBP trades slightly higher on Tuesday, around 0.8800 at the time of writing, up about 0.15% on the day. The cross benefits from support for the Euro (EUR) after the release of…
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The S&P 500 is gearing up for a Christmas rally
Rising US Treasury yields and renewed selling of cryptocurrencies have cooled demand in the S&P 500. The broad stock index took a step back after a five-day rally, but its…
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Eurozone flash headline HICP rises by 2.2%, faster than 2.1% in October
Annual Harmonized Index of Consumer Prices (HICP) in the Eurozone, as measured by changes in the prices of a representative basket of goods and services in the European Monetary…
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USD/JPY consolidates amid hawkish BoJ signals – OCBC
USD/JPY steadied after BoJ Governor Ueda signaled a possible December rate hike, lifting market expectations to an 81% probability. Pair was last seen at 155.98 levels, OCBC's FX…
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Central Bank should keep powder dry if needed
European Central Bank (ECB) policymaker Martin Kocher stated during the European trading session on Tuesday that the central bank should “keep powder dry and be able to react if…
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