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US stocks opened higher after as expected US PCE data

US stocks opened higher after as expected US PCE data

The US core and headline PCE came in as expected and the market is breathing a sigh of relief. Yields have moved lower, and that has helped to boost us stock indices at the open. A snapshot of the market currently shows:Dow industrial average up 118 points or 0.31% at...

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US January PCE core inflation 2.8% YoY vs 2.8% expected

US January PCE core inflation 2.8% YoY vs 2.8% expected

Core PCEPrior month 2.9%PCE Core 2.8% vs 2.8% expected. Last month 2.9%PCE core MoM 0.4% vs 0.4% expectedPrior MoM core 0.2% revised to +0.1%Headline PCE 2.4% vs 2.4% expected (prior 2.6%). MOM 0.3% vs 0.3% expectedFull report click here3 month annualized 2.8%. 6...

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Canada Q4 GDP +0.2% vs -0.3% q/q prior

Canada Q4 GDP +0.2% vs -0.3% q/q prior

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 weekly initial jobless claims 215K vs 210K expected

US weekly initial jobless claims 215K vs 210K expected

Prior 201K; revised to 202KFour-week moving average 212.50K vs 215.25K priorContinuing claims 1.905m vs 1.862m priorThe headline figure doesn't deviate much from the recent trend, so this will keep the status quo for now. Looking at the details, the advance seasonally...

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FX still mostly stuck in a rut so far today

FX still mostly stuck in a rut so far today

On the yen move, these are the earlier posts:Besides that, there hasn't been much activity among major currencies so far on the session. In fact, other dollar pairs are only seeing 0.1% change currently. And that speaks to the lack of appetite today and for the most...

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UK January mortgage approvals 55.23k vs 52.00k expected

UK January mortgage approvals 55.23k vs 52.00k 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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Bavaria February CPI +2.6% vs +2.9% y/y prior

Bavaria February CPI +2.6% vs +2.9% y/y prior

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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Germany February unemployment change 11k vs 7k expected

Germany February unemployment change 11k vs 7k 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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Switzerland Q4 GDP +0.3% vs +0.1% q/q expected

Switzerland Q4 GDP +0.3% vs +0.1% q/q 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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