Noel
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US outperformance continues
US outperformance continues The economic divergence between the US and the rest of the world has become increasingly pronounced. The latest US inflation prints highlight that underlying inflation pressures seemingly remain stickier than in most other parts of the world supported by a strong US labou
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U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says
The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon on interest rates, State Street's head of investment strategy in EMEA said Tuesday. Altaf Kassam told CNBC that classic monetary policy mechanisms had "broken," meaning that any changes made b
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NZD/JPY Price Analysis: Bearish momentum overpowers, buyers struggle to retake the 20-day SMA
The daily RSI and MACD reveal a weaker NZD/JPY, pointing towards bearish momentum. The negative trend is stronger on the hourly chart. Despite short-term bearish inclination, the cross position above main SMAs signifies a bullish sentiment in the longer term. The NZD/JPY is trading at the 91.14 leve
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The week ahead: Key economic and earnings releases to watch
The market’s focus may be on geopolitical issues at the start of this week, but there is a large amount of economic data and more earnings releases to digest in the coming days. Last week was notable for its risk aversion. The S&P 500 fell 1.56% and the Vix index rose to its highest level in fiv
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Yen Slides As Traders Await FX Market Intervention
The Japanese yen weakened against other major currencies in the Asian session on Monday, as traders await possible currency intervention by the Japanese authorities to slow the currency decline. Japanese Finance Minister Shunichi Suzuki said, "We are closely monitoring developments and will take all
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Pull-up Update