Topic: Market Insights
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Markets consolidate before a big week
Equities fell after Nvidia’s revenue forecast missed expectations, while a rebounding dollar tempered risk appetite. Markets expect Fed rate cuts, driving the dollar towards its worst monthly drop since November.
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Dollar momentum softens approaching PCE release
Dollar poised for worst month of 2024. Pound comfortable, but tests loom. Eurozone inflation drops to 3-year low.
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Awful August for US dollar
Dollar poised for worst month of 2024. Pound comfortable, but tests loom. Euro slides on soft German CPI print.
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USD rallies on stronger growth numbers; PCE due
US growth leads the way. Euro, pound weaken after rally. South Korea industrial output projected to decline.
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Market action muted ahead of initial claims print
Dollar finds some respite. Pound holds its grip on key levels. Euro extends week’s losses.
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Risk off as Nvidia results fall short
Dollar finds some respite. Pound holds its grip on key levels. Euro extends week’s losses.