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Gold tops $2,600 as the bulls seek out the next leg higher
Gold (XAU/USD) daily chartUp, up and away for gold? The bulls are certainly looking poised and are angling for the next leg higher now as we approach European trading. Price is running above the $2,600 mark to fresh all-time highs as the post-Fed musings continue to...
BOJ governor Ueda: Recent data confirms economy is moving in line with our outlook
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
France September business confidence 98 vs 97 prior
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BOJ governor Ueda: Japan economy is recovering moderately, although there is some weakness
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
ECB’s de Guindos: We will have more information in December than in October
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Germany August PPI +0.2% vs 0.0% m/m expected
Prior +0.2%The slight bump in August owes mostly to energy prices (+0.8%). If you strip that out, producer prices were actually flat on the month in Germany. Looking at the other individual breakdowns, intermediate goods prices fell by 0.3%, capital goods prices rose...
UK August retail sales +1.0% vs +0.4% m/m expected
Prior +0.5%; revised to +0.7%Retail sales +2.5% vs +1.4% y/y expectedPrior +1.4%; revised to +1.5%Retail sales (ex autos, fuel) +1.1% vs +0.5% m/m expectedPrior +0.7%; revised to +1.0%Retail sales (ex autos, fuel) +2.3% vs +1.1% y/y expectedPrior +1.4%UK retail sales...
Fed fund futures suggest November is starting to resemble a coin flip again
Fed fund futures probability for 7 November meetingThe Fed might be signaling that they intend to cut by just 25 bps each in November and December. However, they've shown this week that they can be bullied into a decision by markets. The onus now lies on economic data...
BOJ rounds off the central bonanza for the week
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ForexLive Asia-Pacific FX news wrap: USD/JPY loses a little ground
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Bloomberg: China Weighs Removing Major Homebuying Curbs to Boost Demand
Bloomberg carry the report saying that China is considering removing some of the largest remaining restrictions on home purchases. Measures are said to include tier 1 cities to relax restrictions for non-local buyers.Bloomberg add that 'after previous measures failed...
Federal Reserve Bank of Philadelphia President Harker speaking on Friday
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China’s electricity consumption rose 8.9% year on year in August
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RBA meting next week – preview – to leave the cash rate on hold at 4.35%
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Bank of Japan leaves rates unchanged, as widely expected
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Reports of China state banks buying USD/CNY
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Bank of Japan policy statement due soon – no change expected
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New Zealand PM Luxon says constrained by limited fiscal space
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Bank of Canada Governor Tiff Macklem will speak on AI on Friday
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