• May 25, 2023
  • Market News
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Nvidia Earnings Blowout Ripples into the Nasdaq 100, US AAA Rating Cut Risk Brews

Nvidia Earnings Blowout Ripples into the Nasdaq 100, US AAA Rating Cut Risk Brews...
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  • May 25, 2023
  • Market News
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Fed Minutes Signal Inclination for Less Hawkish Stance, US Dollar Retains Gains

Minutes from the Fed’s May meeting showed a tilt toward a less hawkish stance, but news of these deliberations did not provoke a major reaction in the markets, with traders focused on the U.S. debt limit drama....
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  • May 24, 2023
  • Market News
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Japanese Yen (JPY) Gains Some Ground As Debt Ceiling Worries Mount

USD/JPY has slipped back a little as a deal remains elusive in Congress. The pair remains in clear uptrend though....
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  • May 24, 2023
  • Market News
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USD/ZAR: Price Forecast: SA Inflation Hits Levels Last Seen in May 2022

USD/ZAR is up roughly 0.5% today after slowing SA inflation and uncertainty around the US debt ceiling weighs on the rand ahead of the SARB rate decision tomorrow....
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  • May 24, 2023
  • Market News
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Gold Price Held Back By Multi-Decade High US Treasury Bill Yields

Gold continues to stall around $1,975/oz. with resistance fueled by US debt ceiling fears and soaring short-term US bill yields....
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  • May 24, 2023
  • Market News
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​​​FTSE 100, DAX 40 and S&P 500 Drop as no US Debt Ceiling Agreement is Signed​​​

​​Outlook on FTSE 100, DAX 40 and S&P 500 amid ongoing US debt ceiling negotiations....
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  • May 24, 2023
  • Market News
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Oil Price Update: WTI and Brent Rally Approaches Confluence Area, Where to Next for Oil Prices?

Oil prices have enjoyed a positive rally this week with production fears ramped up as the OPEC+ meeting looms. Are we in for further production cuts from OPEC+?...
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  • May 24, 2023
  • Market News
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Breaking News: Hot UK CPI Augments Pound, GBP/USD Above 1.24

GBP/USD rallied on the back of sticky inflation figures particularly from the core metric pushing cable above the 1.24 support handle....
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  • May 24, 2023
  • Market News
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New Zealand Dollar Slides as RBNZ Hikes by 25 Basis Points, But Sees Peak in Rates

The New Zealand dollar tumbled after the Reserve Bank of New Zealand (RBNZ) raised its benchmark rate by 25 basis points, in line with expectations, but signalled it may be done with tightening....
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  • May 24, 2023
  • Market News
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US Dollar Steadies on Firm Treasury Yields Despite Debt Ceiling Risks. Higher USD?

The US Dollar ticked higher with Treasury yields to start this week, but the debt ceiling debacle loiters as a potential catalyst for market action. Will the DXY Index rally continue?...
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