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Markets
EUR/GBP extends losses to near 0.8250 following UK jobs data
EUR/GBP depreciates after the release of the UK employment report.
The UK ILO Unemployment Rate remained unchanged at 4.3% in the three months to October,…
China expands private pension scheme and adds index funds
Two years after China introduced a pilot private pension scheme to address the challenges of its rapidly ageing population, the programme will be pushed out nationwide with the…
Forex Today: Markets await mid-tier data before switching gears for central bank meetings
Here is what you need to know on Tuesday, December 17:
Following a quiet start to the week, financial markets hold steady early Tuesday. IFO and ZEW sentiment…
The relentless advance of American asset managers in Europe
Britain’s national airline might have been expected to choose a UK-based fund manager to look after £21.5bn of pension assets. But in 2021, British Airways turned to New-York based…
GBP/JPY holds losses near 195.50 ahead of UK labor market
GBP/JPY may regain its ground as the BoJ is widely expected to avoid a rate hike on Thursday.
BoJ policymakers appear reluctant to tighten monetary policy…
Saudi Arabia Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Saudi Arabia on Tuesday, according to data compiled by FXStreet.
The price for Gold stood at 320.32 Saudi…
Gold price consolidates around $2,650 as traders keenly await Fed policy decision
Gold price struggles to gain any meaningful traction and remains confined in a narrow range.
Expectations for a less dovish Fed and elevated US bond yields…
US backs graphite factory to loosen China’s EV supply chain grip
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The push to loosen China’s stranglehold over the global…
Australian Dollar steadies as Westpac Consumer Confidence indicates decline in growth
The Australian Dollar remained steady after domestic consumer confidence showed signs of strain.
Australia’s Westpac Consumer Confidence fell 2% in…
Japanese Yen bears turn cautious; look to FOMC/BoJ meetings before placing fresh bets
The Japanese Yen continues to be weighed down by reduced bets for a December BoJ rate hike.
The recent surge in the US bond yields and a positive risk tone…