Topic: Daily Market Updates
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Aussie lower, kiwi leads losses as renewed Middle East tension hits markets
Aussie, kiwi turn from key market levels. China’s factory engine loses pace, reflation hopes fade. Bessent talks up Fed credibility, signals a slow turn on Iran.
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Dollar gains but conviction still lags
Dollar gains but conviction still lags. Weak momentum. Consolidation continues.
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Locked in a “wait-and-see” mode
Dollar holds ground amid noise. Euro sidesteps into June. A miserable May for sterling.
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Kiwi surges, Aussie lags as markets wait for ceasefire news
NZD, USD best in May; GBP struggles. Kiwi at three-month highs as rate hike bets ramp up. Crucial US jobs data and global PMIs.
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Canada enters technical recession following weak quarter
Canada enters technical recession following weak quarter. DXY stays range bound. Euro sentiment turns subdued.
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Tentative truce, restrained optimism
US-Iran deal in sight? Euro sentiment turns subdued. Pound flat on the week, down on the month.