Markets
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Gold retreats from six-week highs with Fed cut bets limiting downside
Gold slips as traders book profits after Monday’s surge to six-week highs. Fed rate-cut expectations remain supportive, with markets pricing…
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Crédit Agricole has issued a recommendation for the NZDUSD currency pair.
Crédit Agricole Research recommends taking a long position on the pair with the following levels: Entry (at market price): 0.5738…
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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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Limited Reaction in EUR/USD on Near Consensus Eurozone CPI Data
10:00 AM GMT, Euro Zone – Inflation Data for November: CPI: actual 2.2% YoY; forecast 2.1% YoY; previous 2.1% YoY; CPI: actual -0.3% MoM;…
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Chart of The Day – Bitcoin
Bitcoin’s price is seeing a modest rebound after yesterday’s nearly 6% selloff, climbing back toward 86.5 thousand USD. However, looking…
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DAX 40 Finds Support as Bayer Soars
Frankfurt’s DAX 40 inched 0.1% higher toward the 23,600 level on Tuesday, attempting to recover from a 1% drop in…
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Calm Before The Storm – BOE Gives U.K. Banks a Boost
The focus this morning is likely to be on the stabilization for risk assets after Monday’s sell off. The start…
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U.S. Futures Ease
U.S. stock futures dipped slightly on Tuesday after Wall Street fell on the first trading day of December following gains…
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Trade of The Day – GOLD
Facts: GOLD price bounced off the mid-term support at 4202.70 Main trend remains upward ftom 21 of November Recommendation: Trade: Long…
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Chinese Stocks Slip on Risk-Off Mood
The Shanghai Composite slipped 0.2% to around 3,905, while the Shenzhen Component dropped 0.6% to 13,070 on Tuesday, with mainland…
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