UK unemployment rate jumps to multi-year high, wage growth slows, adding to bets for BoE rate cut
Great Britain’s labor data released on Tuesday, showed weaker than expected values and disappointed markets, but boosted investor bets on interest rate cut next month.
UK unemployment rate rose to 5.2% in the last three months of 2025,…
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USDJPY – bears take a breather after almost 3% weekly drop
USDJPY bounced on Monday on partial profit taking after last week’s almost 3% drop (the biggest weekly loss since Nov 2024).
Weaker dollar and growing optimism after PM Takaichi’s election victory, contributed to fresh strength of…
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GOLD – near-term action remains in directionless mode within $4900/$5100 range
Gold price edged lower in early Monday but held within a narrow range, due to lower volumes, as Far East and the US markets are closed for holidays.
The yellow metal traded within $4900/$5100 range in the past few sessions, reflecting…
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US inflation increased less than expected in January and ease pressure on Fed
Inflation in the US rose 0.2% in January after 0.3% increase in December, while annualized figure showed 2.4% rise last month, marking significant slowdown from 2.7% gain in December and undershooting expectations for 2.5% increase.…
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US labour growth unexpectedly accelerated in January – NFP
The US January labor report, released on Wednesday, showed unexpected acceleration in job growth and lower unemployment, that provides temporary relief to the Fed.
Better than expected January numbers signal that the central bank may…
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EURCHF – bears take a breather above new 11-year low, key 0.90 support in focus
EURCHF is consolidating under new multi-year low at 0.9094 (the lowest since Jan 2015 when the SNB abandoned its minimum exchange rate policy of 1.20 CHF per Euro) that was hit on Tuesday.
Swiss franc remains well supported on ongoing…
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Yen extends strong post- election advance through key technical levels
USDJPY extends steep fall (from 157.65 lower top of Feb 9) into second straight day, as Japanese currency rallied after PM Takaichi’s election victory boosts prospects for stronger economic growth as well as brightens outlook for more…
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Dow-Jones – bulls consolidate after hitting new record high above 50K
Dow eases from new record high (50337) on Monday but remains steady and holds above broken magic 50K barrier that was taken out last Friday after almost 2.7% advance (the biggest daily gain since 9 April 2025).
The index outperformed…
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Euro zone investor morale registers unexpected and strong rise in February
The Eurozone investor morale rose strongly in February and hit the highest since July 2025, Sentix survey showed on Monday.
The index jumped unexpectedly to 4.2 points in February, compared to a 1.8 point drop in January the month…
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US private payrolls increase well below expectation-ADP
The ADP private sector payrolls report, released on Wednesday, showed that private payrolls increased well below expectations in January, with job losses in the professional and business services and manufacturing sectors, being mainly…
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