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AZNl | BATS Europe | GBP | Delayed | |
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3LAZ | London | GBP | Real-time | |
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Euro bulls took a breather on Friday after the shared currency had the best week against the US dollar so far this year. While the US and Asia are already on a solid recovery path, there is a belief...
The USD2.8 billion antitrust fine levelled upon Alibaba (NYSE:BABA) by Chinese authorities this weekend has set the tone for the Asian equity market this morning, which was a sea of red. Perversely,...
Following last week’s RBA monetary policy decision, this week, the central bank torch will be passed to the RBNZ. No policy changes are expected, but following the government’s decision to take...
The Fed has clearly signaled they are not worried about inflation and that should worry financial markets. The Fed has repeated that inflation will be transitory, but financial markets have never seen...
Powell’s dovish speech sends dollar downwards The US dollar retreat deepened overnight, with its correlation to US Treasury yields laid bare for all to see as they also tracked lower after...
Asian markets mixed Asian markets are mostly lower this morning despite a positive US session. Growth stocks, led by technology, powered higher after the Powell speech at the expense of cyclicals in...
Powell sticks to dovish script Fed Chairman Jerome Powell stayed solidly on message overnight, emphasising once again the Fed’s priority in assisting the US employment recovery while dismissing...
Equities are mixed to end the week with China underperforming in Asia on a stronger inflation print primarily on higher commodity prices which have raised worries that the PBoC may reign in credit....
Global stocks were moving higher today. Fears of a new lockdown in Tokyo amid rising COVID cases weighed on Japanese stocks, a notable exception as the MSCI Asia Pacific Index rose for its fifth...
US Yields Lift Dollar The FOMC minutes' “balanced risk” comments were enough to move US yields slightly higher overnight, which also lifted the US dollar. The committee felt that risks...
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