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HSBC China PMI shows that manufacturing continued to expand in December. The rate of expansion is still low, but consider the fact that this last reading puts the PMI index at the highest level in 14 months. This confirms earlier indications of stabilizing growth (see discussion).
Stocks rallied on Monday, ahead of an eventful two days. Meanwhile, the market is also busy repricing its rate path for the Fed policy, with Fed Futures now seeing fewer than three...
Gold Moves Sideways as Investors Await the Fed Interest Rate Decision Initially, the gold (XAU) price dropped below 2,150 on Monday but then recovered and settled just slightly...
We expected – at the start of this year – that March would bring a Fed rate cut. It brought a BoJ rate hike instead. Yes, the Bank of Japan (BoJ) scrapped its negative rate policy,...
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