Topic: Market Insights
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Sterling seesaws on hotter than expected UK inflation
UK inflation above forecasts for fourth month running, strong data before Powell’s testimony, and the euro stalls despite pricing of 4% terminal rate.
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Aussie hit by RBA minutes, PBOC cut no help
The US dollar was stronger overnight as global sharemarkets took another step lower.
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Dollar steadies ahead of Fed chair testimony
Euro hovers near 5-week highs, UK pound slips below April 2022 peak, and the Loonie steadies ahead of data.
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Rate expectations & rallying equities support sterling
Proud pound awaits inflation data, the euro shrugs off cooling German producer prices, and Inertia of FX could further hurt JPY.
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Global markets ease after bumper week
The Fed’s decision to keep interest rates on hold last week has been one key driver of the recent gains.
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USD rebounds as European shares dive
USD index climbs from one-month lows as worries about higher European interest rates hit risk sentiment.