Bertha
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War news from the Middle East may have almost evaporated, but everyone knows it ain’t over
Outlook The latest war news from the Middle East may have almost evaporated, but everyone knows it ain’t over. We are leery of the supposed inverse correlation of the S&P and the dollar index—it’s not ironclad and has plenty of exceptions—but this time, with the S&P likely to hit a full six
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BoJ’s Ueda: Chance weak Yen might affect trend inflation and could lead to policy shift
Bank of Japan (BoJ) Governor Kazuo Ueda spoke in a press conference after attending the Group of 20 (G20) finance leaders' meeting in Washington on Thursday. Ueda said that the central bank may raise interest rates again if the Yen's declines considerably increase inflation, highlighting the impact
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NZD/USD Price Analysis: Downward trend likely to continue despite indicators recovering
The RSI on the daily chart lies deep in negative terrain but recovered. The hourly RSI paints a growing buying momentum, trending the positive territory. The MACD on both charts signals a less intense selling momentum. The NZD/USD stands recovered to 0.5919, it seeing 0.60% gains. The dominant senti
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Mexican Peso reverses uptrend on the short-term horizon
The Mexican Peso has reversed its entrenched uptrend in the short term. The move comes after the IMF revised down their economic growth forecasts for Mexico. USD/MXN is rising after comments from Fed Chair Jerome Powell suggest interest-rate cuts could be further delayed. The Mexican Peso (MXN) is t
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Markets will keep a close eye on the developments in the Middle East
Markets Markets on Friday were captured by a risk-off correction as headlines/rumours suggested an upcoming, direct strike of Iran against Israel. Especially US equities were hit, closing up to 1.62% lower (Nasdaq). For once, bonds also played their role as safe haven going into an uncertain weekend
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European Shares Climb As Investors Seek Clues On Fed Rate Cuts
European stocks climbed on Wednesday as investors awaited the release of U.S. CPI data for March and the Fed's March meeting minutes later in the day for additional clues on when the U.S. central bank will start lowering interest rates. According to consensus estimate, annual headline U.S. consumer
Pull-up Update