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Markets
GBP/USD erupts as soft US jobs data crush the Dollar
The GBP/USD surges 0.42% on Tuesday as the latest US jobs report revealed the labor mark weakness, while Retail Sales were unexpectedly unchanged from September figures, an…
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US Retail Sales virtually unchanged at $732.6 billion in October
Retail Sales in the United States were virtually unchanged at $732.6 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.1% increase (revised…
UK National Wealth Fund to prioritise direct investments over third-party funds
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain’s National Wealth Fund is shifting away from…
EUR/GBP weakens after UK jobs data and softer Eurozone PMI
The Euro (EUR) weakens against the British Pound (GBP) on Tuesday, as Sterling outperforms most major peers following the release of UK labour market data. At the time of writing,…
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EUR/USD near highest level since early October – BBH
EUR/USD is trading near its highest level since October 1 as Eurozone PMI data showed a modest slowdown, while German ZEW expectations improved sharply. The relative policy stance…
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Brent Crude falls below $60 for first time in over seven months – Commerzbank
Brent Crude fell below $60 per barrel this morning, marking the lowest level in more than seven months, while WTI closed at its weakest since February 2021. Optimism over a…
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