A big week for central banks
Bashar al-Assad's regime fell over the weekend, Korean lawmakers prepare another impeachment attempt against their President who narrowly avoided removal after briefly imposing martial law last week, and France remains without a new presidential...
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Euro Area: No dull moment in November
The Q4 growth narrative has been rather bleak. November PMIs weakened further, with the composite index slipping to 48.3 (prior: 50.0, cons: 50.0), driven primarily by a decline in...
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WTI recovers from multi-week low, climbs closer to mid-$67.00s
West Texas Intermediate (WTI) US Crude Oil prices show some resilience below the $67.00 round-figure mark and attract some buyers at the start of a new...
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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by...
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Gold Price Forecast: XAU/USD rebounds on geopolitical risks, will it last?
Gold's price continues to face sellers at $2,650 early Monday, capping the latest uptick sponsored by fresh Middle East geopolitical...
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Morning briefing: Euro has a bullish bias above 1.0550-1.0500
Good Morning! The Dollar Index can bounce back towards 107-108 while above...
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EUR/USD weakens to near 1.0550 on ECB rate cut bets
The EUR/USD pair trades with a mild negative bias near 1.0550 on Monday during the Asian trading...
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EUR/USD under pressure: Resistance levels hold firm
Looking at the 4-hour chart, the pair surpassed the 38.2% Fib retracement level of the downward move from the 1.0936 swing high to the 1.0333...
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Syrian rebels oust Assad, seize control of Damascus on Sunday
Middle East geopolitical tensions mount as the 15-year-long civil war in Syria took a new turn over the weekend after Syrian rebels seized control and ousted the old autocratic leader, President Bashar al-Assad, after seizing control of Damascus on...
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Gold Price Forecast: XAU/USD drifts higher to near $2,650 amid persistent global uncertainties
Gold price (XAU/USD) trades with mild gains around $2,645 during the early Asian session on...
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PBOC sets USD/CNY reference rate at 7.1870 vs. 7.1848 previous
On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1870, as compared to Friday's fix of 7.1848 and 7.2627 Reuters...
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AUD/USD holds positive ground near 0.6400 as traders await RBA rate decision
The AUD/USD pair gains ground to around 0.6400 on the weaker US Dollar (USD) during the Asian session on...
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An eventful week ahead
In the euro area, the Sentix indicator will give us the first indication of the European investor confidence in...
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NZD/USD attracts some sellers to near 0.5805 as China’s deflationary pressure persists
The NZD/USD pair faces some selling pressure to around 0.5805 during the early European session on...
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Asian equities mostly lower amid geopolitical volatility in SY/KR + CN deflation concerns
Asia market update: Asian equities mostly lower amid geopolitical volatility in SY/KR + CN deflation concerns; RBA rate decision...
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China: A bumpy recovery in the making
Chinese policy makers have drawn a line in the sand and now push stronger for an end to the housing...
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Asia wrap: Asia equites stumbled out of the gates
Asian equities stumbled out of the gats as China's November inflation readings failed to perk up despite a cascade of stimulus efforts, signalling a persistent chill in consumer...
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Gold price trades with mild positive bias, remains below $2,650 horizontal barrier
Gold price (XAU/USD) attracts some dip-buyers at the start of a new week and builds on Friday's bounce from the $2,614-2,613 area, though it remains confined in a familiar range held over the past two weeks or...
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USD/INR gathers strength amid economic concerns and US Dollar demand
The Indian Rupee (INR) weakens on Monday. The weakness in the Chinese Yuan, the renewed US Dollar (USD) demand from importers and local oil companies, and concerns over slowing domestic growth could weigh on the local currency in the near...
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GBP/USD consolidates below mid-1.2700s; upside potential seems limited
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band, below mid-1.2700s during the Asian...
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China’s NBS: November inflation data influenced by higher temperatures and a decline in travel demand
China's National Bureau of Statistics (NBS) published a statement following the country’s inflation...
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Japanese Yen ticks higher after revised Japan’s Q3 GDP; lacks follow-through
The Japanese Yen (JPY) kicks off the new week on a positive note and draws support from a combination of factors, though the upside potential seems...
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China’s CPI inflation eases to 0.2% YoY in November vs. 0.5% expected
China’s Consumer Price Index (CPI) rose at an annual pace of 0.2% in November after reporting a 0.3% growth in...
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South Korea to announce measure to improve FX liquidity before end of December
South Korea's finance ministry and regulators said Monday they will make all-out efforts to stabilise financial markets by implementing previously stated contingency plans and preparing new steps to increase foreign currency market liquidity by the end of December, per...
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South Korean President survives impeachment motion
South Korea's President Yoon Suk Yeol survived an impeachment vote in the opposition-led parliament late on Saturday, prompted by his short-lived attempt to impose martial law last week, per...
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Fed's Bowman: Central bank should proceed cautiously with rate cuts
Federal Reserve Governor Michelle Bowman said on Friday that she prefers to cut the interest rates cautiously, emphasizing underlying inflation remains “uncomfortably” above the central bank’s 2% goal, per...
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