Month: December 2024

Economics

China: CEWC to elaborate on ‘extraordinary’ stimulus – Standard Chartered

Upcoming CEWC likely to set a pro-growth tone and lay out stimulus plan, echoing the Politburo. Shift to an ‘appropriately…

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Economics

RBA: Unchanged interest rate, changed tonality – Commerzbank

This morning, the Reserve Bank of Australia (RBA) left the key interest rate unchanged at 4.35 per cent in its…

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Forex

Mexican Peso dips with the Dollar firming up ahead of US CPI data

The US Dollar picks up supported by a sourer market sentiment ahead of the US CPI release. Soft Mecican CPI…

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Indicies

European Stocks Halt Bullish Rally

European indices halt bullish trend TeamViewer shares with nearly 13% plunge Allianz raises forecasts for the next three years  Tuesday’s…

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Forex

AUD/NZD Recommendation From Goldman Sachs

Goldman Sachs has issued a recommendation for the AUDNZD currency pair. Goldman Sachs recommends taking a short position on the…

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Forex

Chart of The Day – AUD/USD

The Central Bank of Australia (RBA) decided to keep interest rates unchanged at 4.35%, in line with market expectations. However,…

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Forex

EUR/GBP remains on the defensive below 0.8300 ahead of ECB rate decision

EUR/GBP posts modest gains near 0.8280 in Tuesday’s early Asian session.  The BoE keeps a cautious stance on its easing…

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Forex

GBP/JPY rises above 193.00 due to uncertain expectations surrounding BoJ rate hike

GBP/JPY appreciates due to mixed expectations regarding the BoJ rate hike in December. BoJ board member Toyoaki Nakamura emphasized the…

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Metals

XAG/USD pulls back from $32.00 near monthly highs

Silver price retreats from Monday’s monthly high of $32.28. The price of the grey metal found support following news of…

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Metals

XAU price surrenders major part of intraday gains

Gold price climbs back closer to a two-week high and draws support from a combination of factors.  Geopolitical risks continue…

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