Topic: Market Insights
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A jubilant July of risk taking, will it continue?
US ISM reading in focus today, UK house prices fall most in 14 years, and ECB making slow but steady progress.
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Aussie higher ahead of RBA at 2.30pm AEST
Financial markets see a 26% chance of a 25-basis point rate hike in Australia.
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Once again, it’s all about the data
Dollar stays data dependent in data filled week, euro stuck between two opposing forces at $1.10, and BoE to hike rates to 15-year high.
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US soars as Eurozone falters
US resilience in the face of a global slowdown. ECB hikes rates amid a weak economy, GBP/EUR recoils from €1.17, and the yen rallies after BoJ tweak.
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