Wall Street continued its decline for the second straight day, as market participants de-risk in the lead-up to the upcoming US CPI release.
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Pressured British Pound Holds On Above $1.27 As US CPI Data Loom
A lack of domestic news saw the Pound lack direction on Wednesday but there’s plenty coming and its near-term downtrend looks hard to shake
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Gold, Silver Techs: Precious Metals Ease Despite Softer USD, Yields
Gold approaches the 200-day SMA ahead of tomorrow’s US CPI print. Silver on the other hand, has already crossed the trend filter, opening up further downside risk
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Oil Testing Fresh Multi-Month Highs, EIA Crude Oil Data
The price of oil is touching fresh multi-month highs as markets continue to price in a soft landing in the US.
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Euro Outlook Improves on Bank Tax Clarity: EUR/USD, EUR/JPY, EUR/AUD
Euro assets are responding well this morning after Italian authorities clarified that yesterday’s windfall tax on banks will not amount to more than 0.1% of total bank assets
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Educ Arte Económico 