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Indices stay under pressure as UK inflation remains sticky

Indices stay under pressure as UK inflation remains sticky

​​Outlook on FTSE 100, DAX 40 and S&P 500 as UK inflation comes in higher-than-expected....
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XAU/USD Price Forecast: Gold Looks to Powell

XAU/USD Price Forecast: Gold Looks to Powell

Gold prices may be in for a wake up call after weeks of minimal price action as markets gear up for Fed Chair Jerome Powell’s Testimony....
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UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid

UK Core Inflation Breaches 7% as Headline Beats Estimates, GBP/USD Bid

UK headline inflation came in higher than expected but the core inflation print accelerated once more. Will the data inspire a more hawkish approach f...
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S&P 500 & Nasdaq 100 Price Setups: Will Powell’s Speech Trigger a Reversal?

S&P 500 & Nasdaq 100 Price Setups: Will Powell’s Speech Trigger a Reversal?

The S&P 500 and the Nasdaq 100 index are looking overbought and have run into stiff resistance areas, raising the risk of a minor retreat, especia...
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Asia Day Ahead: Downbeat Start to the Week; Chinese Equities Weigh

Asia Day Ahead: Downbeat Start to the Week; Chinese Equities Weigh

Major US indices kicked off the shortened trading week in the red, although the sharp paring of losses mid-day especially in the Nasdaq may still refl...
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Bitcoin Prices Surge Past Key Trendline Resistance, BTC/USD Levels to Watch

Bitcoin Prices Surge Past Key Trendline Resistance, BTC/USD Levels to Watch

Bitcoin prices extend recovery, soaring past a major trendline resistance following news that EDX markets has kicked off operations....
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BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain

BoE Preview: Inflation Demands More Hiking Despite Mortgage Pain

The Bank of England is likely to raise benchmark rates this week as signs of secondary effects of inflation appear. Rate expectations to support GBP/U...
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AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jun 12, 2023 08:00 GMT when AUD/USD traded near 0.68.

AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Jun 12, 2023 08:00 GMT when AUD/USD traded near 0.68.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bea...
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Gold Prices Slump on US Data ahead of Powell’s Testimony, Key Support in Peril

Gold Prices Slump on US Data ahead of Powell’s Testimony, Key Support in Peril

Gold prices drop on Tuesday amid U.S. dollar strength following solid U.S. economic data ahead of Powell’s testimony before Congress later in the we...
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