Worsening Chinese data, strong USD and new banking nervousness weighs on the global oil outlook. Bullish continuation remains constructive as the market remains tight
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Worsening Chinese data, strong USD and new banking nervousness weighs on the global oil outlook. Bullish continuation remains constructive as the market remains tight
from DailyFX – Market News https://ift.tt/tszDorE
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The euro remains above the 1.09 handle against the USD but could breach below as US fundamental data continues to reflect a robust economy.
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The Japanese Yen remains on offer, especially against the British Pound. Will Japanese officials begin to ramp up the rhetoric to prevent further Yen weakness?
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Aussie suffers after a slew of disappointing Chinese data. With the RBA on hold, AUD has few bullish drivers
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Outlook on FTSE 100, DAX 40 and S&P 500 amid lacklustre China growth and possible downgrades of major banks by the ratings agency Fitch
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