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The Fed’s Daly: No comments on monetary policy

The Fed’s Daly: No comments on monetary policy

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,...

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S&P 500 and Nasdaq soar to record highs

S&P 500 and Nasdaq soar to record highs

It turns out there is still more room on the AI hype train.US equities were mixed earlier but a hint of a softening of the US economy (ie rate cuts) and it was right back to the races. The S&P 500 is up 32 points to a record 5128 and the Nasdaq Composite just...

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Weekly Market Recap (26-01 March)

Weekly Market Recap (26-01 March)

ECB’s Lagarde (neutral – voter) reaffirmed her patience stance with the usual focus on wage growth:We are not there yet on inflation.We have to get to 2% inflation sustainably.ECB must play its role in climate transition.There are increasing signs of a bottoming-out...

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European equity close: A sea of green

European equity close: A sea of green

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,...

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Nasdaq nears the intraday record high

Nasdaq nears the intraday record high

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,...

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Oil breaks $80 for the first time in nearly 4 months

Oil breaks $80 for the first time in nearly 4 months

Oil daily chart$80 WTI is important both psychologically and technically. It hasn't been up here since November 7, when questions began about OPEC+ unity. OPEC has held it together so far and global growth has been strong so far this year.Technically, I would look to...

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US dollar takes a sharp turn lower after USdata slate

US dollar takes a sharp turn lower after USdata slate

The market turned on a dime after a trio of US data releases all missed estimates.The US dollar was at the highs of the day shortly before the data, in part due to a stronger S&P Global manufacturing PMI and comments from Barkin that were more hawkish. The fear...

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Comments from Waller and Logan focus on balance sheet

Comments from Waller and Logan focus on balance sheet

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,...

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US February ISM manufacturing 47.8 vs 49.5 expected

US February ISM manufacturing 47.8 vs 49.5 expected

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,...

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