Elinor
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Asian Shares Mixed; Chinese Markets Rally On Recovery Hopes
Asian stocks ended mixed on Wednesday, with mainland Chinese stocks posting strong gains after GDP data for the first quarter beat expectations. Japanese markets led losses to end lower for a third day running due to concerns over rising bond yields and heightened tensions in the Middle East. Uncert
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Diverging inflation points at further USD appreciation [Video]
Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end of last year. The US yields rose and the dollar gained a further bullish support as the major peers in Europe in
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AUD/JPY Elliott Wave: Forecasting the path
In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDJPY Forex pair, published in members area of the website. As our members know we have been favoring the long side in YEN pairs. Recently we got a pull back that has made a clear 3 waves pull back that found buye
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UK wage growth proves sticky despite rising unemployment
Wage growth is temporarily stuck in the 6% area and that’s another reason to think the Bank of England will wait until August to cut rates for the first time, despite signs of a cooling jobs market. The latest UK jobs report is a bit of a mixed bag, but a surprise surge in private sector pay will be
Pull-up Update