Mehitabel
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Fed's Goolsbee: We hit an inflation bump this year, now we wait
Chicago Federal Reserve (Fed) President Austan D. Goolsbee added his voice to the procession of Fed officials commenting on interest rates and inflation on Friday. Chicago Fed President Goolsbee spoke at the Economic Club of Minnesota. Key highlights Fed's 2% inflation target acts as an anchor on ex
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Bank of England: Laying the groundwork for a rate cut
On Thursday at Midday the Bank of England will deliver their second Monetary Policy Report of the year so far. The bank will announce their decision on interest rates as well as their latest economic analysis and projections for inflation. The Monetary Policy Report is important since it is seen as
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FTSE record high again as gilt yields drop before Bank of England
European stock markets rose again early Wednesday to add to gains of around one percent on Tuesday as financials boosted the mainland indices. The FTSE 100 added another half a percent for a fresh record above 8,350, whilst gilt yields fell further ahead of the Bank of England decision tomorrow, pus
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NZD/USD juggles near 0.6000 as US Dollar steadies after investors price weak US data
NZD/USD trades sideways around 0.6000 as the US Dollar steadies after recovery. The speculation for the Fed lowering key interest rates from September strengthens after weak US NFP data. Weak NZ labor market data boosts expectations of early rate cuts by the RBNZ. The NZD/USD pair trades lacklustre
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Shanghai leads Asian equities after extended holiday
Asia market update: Shanghai leads Asian equities after extended holiday; Foxconn +6%, Israel-Hamas ceasefire over; Buffet remains firm on Apple; AU RBA tomorrow. General trend - A quiet day in Asia to start the week, with Japan again on Golden Week holiday (joined today by South Korea and Thailand)
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Pull-up Update