US private payrolls rise above expectations in September
US private payrolls increased by 749K in September, beating forecast for 650K rise, with data for August being revised up from 428K to 481K.
Increase in hiring in US private sector surprised as talks about new package of fiscal aid have…
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Oil prices remain under increased pressure on global oil demand concerns
WTI oil stands at the back foot on Wednesday and capped by the base of thick daily cloud ($40.0/$41.92) keeping negative tone after Tuesday’s 3.7% drop.
Global death toll on coronavirus surpassed one million and rising number of new…
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Dollar rises on fading risk sentiment after Presidential Debate
The dollar jumped after chaotic first US Presidential Debate which faded risk mode and deflated stocks and riskier currencies.
Traders remain cautious as debate showed all but plans of presidential candidates, although polls suggest Biden…
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First presidential debate descends into chaotic clash in Cleveland
President Donald Trump and his Democratic rival, former vice president Joe Biden, clashed in the first of their three televised debates in Cleveland on Tuesday, with 70% of the audience annoyed and 30% entertained according to instant…
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Trump and Biden to meet in first presidential debate
The two White House candidates – Republican incumbent Donald Trump, and Democratic rival Joe Biden – will meet on Tuesday evening in the pivotal first televised debate.
It is the first of three such debates between now and the…
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Continuation of EU/UK trade talks is key event for sterling today
Cable remains constructive in early Tuesday’s trading, following positive close on Monday, although with daily candle with long upper shadow that points to upside rejection.
Fresh recovery that emerged after bear-trap under 200DMA, cracked…
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Lira falls to new all-time low on intensifying conflict in Caucasus
The USDTRY surged to new all-time high at 7.8592 on Monday, as conflict in Caucasus, on Turkey’s border, revived negative sentiment and pushed lira further down.
The unexpected action from CBRT last week, when the central bank increased…
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Several key economic releases tie in with monthly and quarterly ends in this week’s highlights
The markets are gearing for a hugely significant week ahead, as the impending release of several important economic indicators – including the first US presidential debate – coincide with the end of both September and the third quarter.…
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