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In September, CPI strengthened expectations of interest rate cuts, but the US do
Asian Market Trends Last Friday, lower-than-expected CPI data boosted market interest rate cut expectations. The U.S. dollar index fell in the short term and then recovered slightly. As of now, the U.S. dollar is quoted at 98.96. Overview of fundamentals of th...
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Takaichi Sanae's first phone conversation with Trump, market assesses the impact
On October 27, spot gold was trading around $4,083 per ounce. Gold prices hit their first weekly decline in 10 weeks last week as investors took profits and signs of easing trade tensions suppressed safe-haven demand. The dollar was almost flat on Friday after...
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The U.S. dollar index remains within a narrow range as expectations for a rate c
The U.S. dollar index hovered around 98.89 in Asian trading on Monday, after being almost flat on Friday after new inflation data showed U.S. consumer prices rose less than expected in September, leaving the Federal Reserve still expected to cut interest rates...
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A collection of good and bad news affecting the foreign exchange market
1. The U.S. dollar: Good news and bad news are intertwined, and the index fluctuates and needs to break through. Good factors and safe-haven demand support the liquidity of the U.S. dollar: The crisis of the U.S. federal government’s “shutdown” continues to si...
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The market assesses the impact of U.S. sanctions on Russian oil, trade tensions
Basic news: On Monday (October 27, Beijing time), spot gold was trading around US$4,083 per ounce. The price of gold hit its first weekly decline in 10 weeks last week. Investors took profits, and signs of easing trade tensions suppressed safe-haven demand. US...
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Will Powell unleash the beautiful dove sound? U.S. government shutdown continues
Bank of Canada to Cut Rates Again Despite Soaring CPI It was the Bank of Canada that kicked off the central bank bonanza on Wednesday. The Bank of Canada resumed its rate-cutting cycle in September after a six-month pause and is expected to ease again in Octob...
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CPI opens up space for the Fed to cut interest rates, and next week's
This week has been another tumultuous week for global markets. The trade conflict dominated market volatility this week, while tougher U.S. sanctions on Russia reignited geopolitical risk premiums. After soaring to a record high of $4,381 on Monday, gold fell ...
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Renewed demand for geosafety supports gold prices as investors await the release
On October 24, in early trading in Asia, spot gold was trading around $4,112 per ounce. Gold prices rose more than 1% on Thursday as renewed geopolitical risks spurred safe-haven demand and investors prepared for key U.S. inflation data released on Friday. U.S...
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