Indices have slipped back following more poor data from China.
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Indices have slipped back following more poor data from China.
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US retail sales could supplement the dollar’s recent rally as the Dollar Index (DXY) eyes the 200-day moving average.
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UK unemployment rises to levels last seen in late 2021. Average earnings touted as key by the BOE smashed estimates and is likely to add pressure on the Central Bank to keep its foot on the rate hike pedal.
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The Australian Dollar initially dipped lower before rallying as the US Dollar paused in its recent run-up while Chinese data showed a fragile economy needing stimulus. Higher AUD/USD?
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Wall Street managed to start the week higher, tapping on some recovery in big tech and semiconductors to override earlier jitters around China’s property and financial sector risks.
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