Market Analysis

Market Analysis

The UK’s CPIs and Its Effects on The GBP/USD
The UK’s CPIs and Its Effects on The GBP/USD
Talking about the monthly figures, the CPI could drop to -0.6% from +0.4%. The headline CPI inflation is expected to slip from 1.0% before 0.0% on an annual basis. The Core CPI that excludes volatile food and energy items can also follow the suit with market forecasts suggesting 0.6% YoY print versus 1.8% previous readouts.
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According to China’s Data, the Asian Stocks Are Headed Higher, While The Market Focuses on Fed Meeting
According to China’s Data, the Asian Stocks Are Headed Higher, While The Market Focuses on Fed Meeting
Asian equities extended gains with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines on Tuesday, while the dollar slipped.
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Asian Shares Sustained by Coronavirus Vaccine Hopes
Asian Shares Sustained by Coronavirus Vaccine Hopes
Asian shares solidified on Monday on reestablished hopes for a coronavirus vaccine after AstraZeneca (NYSE:AZN) continued its stage 3 trial. However, there is a major seven day stretch of national bank meetings in the UK, Japan, and the United States.
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Gold at One-Week High as Dollar Remains Weak; ECB Meeting in Focus
Gold at One-Week High as Dollar Remains Weak; ECB Meeting in Focus
Sept 10 (Reuters) - Gold steadied almost at a one-week high on Thursday, as the dollar weakened. Yet the yellow metal traded in a tight $8 range as investors kept away from making huge bets ahead of the European Central Bank's monetary policy decision due later today.
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Tech Rout Roils Asian Shares, Oil Futures Extend Slump
Tech Rout Roils Asian Shares, Oil Futures Extend Slump
TOKYO/NEW YORK (Reuters) - Asian shares fell on Wednesday, and oil costs hit lows untouched since June, after a defeat of innovation shares sank Wall Street for a third continuous day, and a significant drugmaker deferred testing of a Covid antibody.
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