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The FOMC meeting may get the headlines this week. Still, with interest rate futures pricing 65bp of hikes this week’s BoE meeting - essentially a 40% chance of a 50bp hike and 60% of 75bp...
Everyone had the US CPI print on their radar as the marquee risk event of the week, and it proved to be just that. There has been a sentiment shift, and the psychology of the market has changed -...
Gold continues to be undermined by rising dollar and yields Rising interest rate expectations reduce appeal of zero-yielding assets Metal is testing key support, but it could break it this time Gold...
European stock markets closed higher as they built on the rebound that began late last week. The rise in bond yields did not deter equity traders from their bullish move. The UK 10-year yield traded...
Well, the growing chorus of MSM pundits seem to think it a real possibility. For instance, one I spotted has the headline: “Pound risks dollar parity after worst month in six years.” If...
US Dollar could weaken on profit taking in light of poor data All eyes and ears on Jackson Hole and Powell speech on Friday Bullish engulfing at prior lows points to at least a short...
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