Region: Europe
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Outlook for Chinese economy remains crucial
Pound slides as China data disappoints, markets in desperate need of stimulus news, and ambiguity is the ECB’s best friend.
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Dollar firms on US exceptionalism
Goldilocks jobs report makes everybody happy, euro dependent on global growth improving, and downside risks mount for GBP/USD.
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Markets brace for non-farm payrolls report
Dollar steadies as crucial jobs data looms, potential overpricing makes pound vulnerable, and markets betting against the ECB.
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Bad news is good news
Dollar struggles after soft US data, pound erases last week’s losses, and ECB hike back on the table.
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Risk rally sends euro higher
China and US coming to the euro’s rescue. Yields, dollar plunge on weaker job openings, and sterling awaits steer from BoE speakers.
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Powell’s speech set the stage for a big week
Global angst pushed euro below $1.08, the US macro trifecta to create volatility, and light UK calendar shifts focus elsewhere.