MARKET NEWS
Dec 06, 2023
British Pound Latest: Shifting Rate Expectations Move GBP/USD and EUR/GBP
The sharp re-pricing of ECB and Fed rate expectations compared to the BoE can be seen clearly in GBP/USD and EUR/GBP and may continue going into 2024.
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Dec 06, 2023
FTSE 100 Resumes Ascent, Dax 40 Hits Record High and Russell 2000 nears Three-Month Highs
​​Outlook on FTSE 100, DAX 40 and Russell 2000 ahead of this week’s US ADP and NFP employment data.
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Dec 06, 2023
Yen Price Update: Officials Mum on Policy Overhaul, USD/JPY Consolidates
BoJ officials aren’t prepared to commit to a timeframe when negative interest rates will come to an end. Data is yet to convince the committee to end decades long stimulus and USD/JPY consolidates ahead of NFP
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Dec 06, 2023
Euro Price Forecast: EUR Threatened by Dovish ECB & Bleak Forecasts
EUR prices stay depressed as markets digest less aggressive commentary from ECB officials as rate expectations see cuts in the first quarter of 2024.
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Dec 05, 2023
Nasdaq 100 Up After Support Rejection, Gold Down Despite Collapse in US Yields
In this article, we analyze the technical outlook for the Nasdaq 100 and gold prices, examining major price levels that could act as support and resistance later this week.
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Dec 05, 2023
US Dollar Setups: USD/JPY Gains as GBP/USD Trends Lower, AUD/USD Hammered
This article focuses on the technical outlook for USD/JPY, GBP/USD and AUD/USD, taking into account recent price action dynamics as well as prevailing market sentiment.
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Dec 05, 2023
ISM Services Tops Estimates, Job Openings Plunge Weighing on the US Dollar
The US Service sector remained robust in November but job openings hit a 30 month low weighing on the US Dollar. A sign of what is to come from this weeks NFP Print?
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Dec 05, 2023
Oil Struggles to Reverse Course as US Production Hits Record Levels
Saudi Arabia supports OPEC + decision on rate cuts, US production breaks record levels for second successive month and the US focuses on replenishing SPR levels
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Dec 05, 2023
Euro (EUR) Latest: Dovish ECB Commentary Weighs on EUR/USD, Yields Slump
The Euro is under pressure again after a dovish interview by one senior ECB board member sent German bond yields sliding to fresh multi-month lows
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Dec 05, 2023
Dow Holds Gains while Nasdaq 100 Slips Lower and Hang Seng Slumps to One-Year Low
While the Dow has held on to its gains, other indices have suffered losses. The Hang Seng in particular has been hard-hit, touching a fresh low for the year.
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