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Stocks Rise Pre-Bell as Traders Await Fed Policy Decision, Inflation Report, Big Tech Earnings
The benchmark US stock measures pointed higher before the opening bell Monday as traders gear up for...
Stock market today: Dow, S&P 500, Nasdaq futures rise ahead of busy week of earnings, Fed rate decision
Investors braced for a full earnings docket and the Federal Reserve's next policy decision this week...
British Pound: Stronger PMIs lean hawkish for BoE – Danske Bank
Danske Research Team notes UK flash PMIs strengthened in October, with the composite rising to 53.1 ...
British Pound flat lines near 215.00 as looming intervention risks support JPY
The GBP/JPY cross attracts fresh sellers in the vicinity of mid-215.00s and slides to the lower end of its daily range during the early European session on Friday.
Japan’s Kihara: Closely monitoring market movements with high sense of urgency
Japan's Chief Cabinet Secretary Minoru Kihara reiterates, during the European session on Friday, that the administration is closely monitoring FX moves and is ready to intervene when needed. Kihara al ...
Dow Jones futures climb as cooling economic data lower Fed rate hike odds
The Dow Jones futures gain 0.24% to trade above 53,300, while S&P 500 futures rise 0.46%, trading near 7,560. Meanwhile, Nasdaq 100 futures advance 1.0% to trade near 29,850 during European trading ho ...
EUR/GBP Price Forecast: Euro languishes around 0.8565 with bears in control
The Euro (EUR) remains stalled right above one-year lows against the British Pound (GBP) on Friday.
British Pound: Overbought rally eyeing 1.3410 against US Dollar – UOB
According to UOB’s Quek Ser Leang, GBP/USD’s strong six-day advance to 1.3385 looks overstretched, but there is still scope for a retest of 1.3385 in the near term, with support at 1.3325/1.3300.
Canada unveils Alberta-to-Pacific oil pipeline to cut dependence on the U.S.
Spain HCOB Services PMI came in at 54.2, above expectations (50.9) in June
Spain HCOB Services PMI came in at 54.2, above expectations (50.9) in June
Turkey Exports up to $24.94B in June from previous $22.5B
Turkey Exports up to $24.94B in June from previous $22.5B
Turkey Consumer Price Index (MoM) in line with expectations (0.99%) in June
Turkey Consumer Price Index (MoM) in line with expectations (0.99%) in June
Turkey Consumer Price Index (YoY) came in at 32.11%, above forecasts (32.1%) in June
Turkey Consumer Price Index (YoY) came in at 32.11%, above forecasts (32.1%) in June
Japanese Yen: Intervention risks and softer payrolls – MUFG
MUFG’s Michael Wan notes that softer US non-farm payrolls and suspected FX intervention supported the Japanese Yen, pushing USD/JPY sharply lower. He highlights that weaker payrolls reduce the likelih ...
Alberta and Ottawa Greenlight New Pacific Pipeline
Alberta’s Premier Danielle Smith and federal Prime Minister Mark Carney have made the official announcement of a new oil pipeline, to be built to Canada’s Pacific coast, broadening the access of Canad ...