Topic: Daily Market Updates
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Top central banks set to hike rates further
GBP suffers biggest daily drop in over a month, Powell limits ECB’s influence over the Euro, and the US economy just doesn’t slow down.
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Economic resilience boosts risk sentiment
US economy keeps throwing up surprises, sterling’s best start to a year since 2017, and broad euro strength dampened by data.
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ECB symposium in Sintra kicks off
Euro driven by sentiment more than anything else, stretched positioning to limit pound’s upside? Dollar slightly weaker before key data.
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Inflation remains significant for financial markets
German manufacturing falls deeper into recession, weak PMI puts the spotlight on PCE, and strong pound to falter as recession fears rise.
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Markets brace for Flash PMI Friday
Pound drops after BoE hike again, dollar supported by hawkish Fed chair, and the euro reverses from six-week high.
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How high will BoE go?
13th BoE hike due; 25 or 50 basis points? Powell pushing for more hikes and EUR/USD below $1.10 as stocks turn south.