Noel
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SPX 500: How low can the correction go?
The S&P 500 has recorded three consecutive weekly losses since its recent all-time high level of 5,265 printed on 28 March 2024. Last week’s decline of -3.05% was its worst weekly performance since early March 2023. A clear break below its upward-sloping 50-day moving average put its medium-term
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US Dollar eases further as risk appetite returns to markets
The US Dollar eases on Monday as markets embrace a very quiet weekend on the geopolitical front. Tensions in the Middle East ease substantially, triggering a rally in equities. The US Dollar Index holds onto recent gains around 106.00, but downside pressure is mounting. The US Dollar trades broadly
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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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