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Markets
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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CNY gains 0.9% in November on trade-weighted basis – Commerzbank
The Chinese Yuan (CNY) continued its steady appreciation, supported by a weaker US Dollar (USD), with USD/CNY falling to 7.0471. Banking sector foreign currency reserves rose…
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Unusual Tuesday release for US jobs report – Commerzbank
The US labour market report breaks with tradition by landing on a Tuesday, but expectations are modest, with job growth seen at just 50k and little change in unemployment. Even a…
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EUR/USD stands tall with Eurozone preliminary PMIs on focus
EUR/USD remains steady near two-and-a-half-month highs on Tuesday, trading practically flat at 1.1750 at the time of writing, ahead of the release of the preliminary Eurozone…
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Why Dow Inc. (DOW) fell more than broader market
Dow Inc. (DOW) closed the most recent trading day at $23.45, moving -2.17% from the previous trading session. This move lagged the S&P 500's daily loss of 0.16%. Meanwhile, the…
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