US inflation rises less than expected in February but economists remain concerned about negative…
US inflation rose below expectations in February, with monthly consumer prices increasing 0.2% compared to 0.5% increase previous month and slid below 0.3% consensus, while annualized inflation was up 2.8% in 12 months through February,…
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Gold remains constructive, eyes US CPI data / tariffs for fresh signals
Gold price is held in a narrow range on Wednesday morning and pressuring near-term congestion ceiling ($2930).
Near term bias is expected to remain with bulls while the action stays above psychological $2900 level, although daily…
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US job openings rise above expectations in January – JOLTS
US JOLTS report, released on Tuesday, showed that job openings increased in January, although the outlook could be darkened by expectations that demand for labor is likely to soften in coming months, due to growing uncertainty over import…
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WTI oil – consolidation / limited correction to precede fresh push lower
WTI oil price bounces on Tuesday following repeated downside rejection at key support at $65.26 (Sep 10 low), but recovery is likely to be limited, as larger picture is bearish and fundamentals predominantly negative.
Oil sentiment is…
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USDJPY – larger bears to resume after consolidation
USDJPY falls further on Monday, as dollar remains under increased pressure on tariffs uncertainty and growing threats of recession, while growing safe haven demand and signals of further rate hike as BoJ is coming close to its 2% inflation…
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EURUSD – bulls likely to take a breather after last week’s strong gains
The Euro keeps firm tone on Monday after surging over 4% last week and consolidating near new four-month high.
The single currency continues to ride on a fresh wave of dollar’s weakness, with last week’s gains being the biggest since the…
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USDCHF hits the lowest in 3 months as strong safe haven demand inflates Swiss franc
USDCHF remains in red at the start of the week and hit new three-month low, as safe-haves Swiss franc continues to shine on growing concerns on overheated economic and geopolitical conditions.
Anticipated impact from tariffs on imports…
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Bitcoin – bears consolidate above $80K support zone after last week’s heavy losses
Bitcoin edged higher in early Monday trading, as traders collect some profits from last week’s 13% drop, with Sunday’s bearish acceleration (down 5%) making strong contribution to the recent heavy losses.
President Trump’s held crypto…
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US labor market remains steady in February – NFP
US nonfarm payrolls rose by 151K jobs in February compared to downwardly revised 125K in January, and slightly missed expectations for 159K rise.
February Labor report, the first under new administration of President Donald…
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EURUSD continues to trend higher, on track for the biggest weekly gain in five years
The Euro rose above 1.08 level and hit the highest in four months on Thursday after ECB’s widely expected decision to cut interest rates by 25 bp to 2.5%, in its sixth rate cut since June.
The central bank stated that monetary policy is…
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