Stock markets dropped back after yesterday’s CPI figure, but are attempting to move higher again this morning.
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Stock markets dropped back after yesterday’s CPI figure, but are attempting to move higher again this morning.
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AUD/USD may experience a short-term bounce following comments by the RBA Governor. The medium-term picture leaves the Australian Dollar looking vulnerable from both a technical and macro perspective.
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The UK economy expanded at a robust pace in the June, beating forecasts. Manufacturing and industrial production data also exceeded estimates.
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Crude oil and natural gas have rebounded meaningfully in recent weeks. Is the downtrend since 2022 in both markets reversing? What is the outlook and the key levels to watch?
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An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US CPI release, prompting the US dollar to pare its earlier losses.
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