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Today’s economic developments and market movements. Key themes: Markets had a relatively quiet finish to the week with little significant market moving data. US equities finished the week in the green with the S&P 500 posting its sixth consecutive weekly gain. Rates were slightly lower across the curve in the US and Europe. The US […]

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Markets Weekly Outlook – PMI Data and IMF Meeting Dominate the Agenda

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EUR/USD Turns Red, Are Bears Back In Action?

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25/04/2024

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Markets Asian markets mostly started the day in risk-off modus after a disappointing outlook from tech bellwether Meta at its earnings report yesterday after the close of US markets. This also spilled over to European equities this morning. The risk-off again didn’t trigger any real safe haven bid for core bond markets. Declines in EMU […]
15/10/2024

WTI Outlook: Oil Prices Fall Further on Demand Concerns, But Geopolitics Remain Supportive

Oil price extends steep decline into the second consecutive day and hit two week low in early Tuesday, after the price fell nearly 4% on Monday. Oil was deflated by weaker demand outlook and signals that Israel will not strike Iranian oil infrastructure. OPEC cut its forecast for global oil demand in 2024, which increased […]
30/10/2024

UK Budget Preview: GBP/USD, GBP/JPY and EUR/GBP Price Action Ideas

UK Autumn Budget anticipation mounts as markets remain calm, unlike during the ‘Trussonomics’ era. GBP/USD faces a critical juncture at the 1.3000 level, with potential for both upside and downside breaks. GBP/JPY nears the 200.00 handle, a daily close above could trigger a run towards July highs. The GBP has steadily gained ground against the […]