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Another 200 billion in tariffs looks more likely than not. Happy to hear that markets in Hong Kong are expected to start trading on Monday after Mangkhut roared through the City. But more significantly friends and colleagues are all safe!! Now for the nuts and bots. As many had suspected,…

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The dollar bounced back on Friday, after a couple of economic indicator misses this week, the greenback is higher against all major pairs. Major pairs and commodities are lower against the greenback ahead of the weekend. The American currency did not manage to overturn the losses posted during the rest…

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The DAX index has posted gains in the Friday session. Currently, the index is at 12,092, up 0.30% on the day. On the release front, the eurozone trade surplus was dismal, dropping to EUR 12.8 billion, well short of the estimate of EUR 16.3 billion. This was the lowest surplus since…

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EUR/USD has posted slight gains in the Friday session. Currently, the pair is trading at 1.1712, up 0.22% on the day. On the release front, Eurozone trade balance is expected to dip to EUR 16.3 billion. In the U.S, the focus is on consumer spending data. Core retail sales and retail…

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The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in nearly 49 years and pointing to robust labor market conditions. Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 204,000 for the week ended Sept. 8, the lowest level since…

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Nationally, new home prices were up for a second consecutive month in July. New Housing Price Index, monthly change Builders in 15 of the 27 census metropolitan areas (CMAs) surveyed reported higher prices in July, pushing the Canada-level index up 0.1%. The largest gain was in London (+0.5%), where builders…

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A gauge of underlying U.S. inflation unexpectedly cooled in August as apparel prices fell by the most in about seven decades and medical-care costs declined, offering Americans a respite from accelerating price gains. Excluding volatile food and energy costs, the core consumer price index rose 2.2 percent in August from…

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The DAX index has posted considerable gains in the Thursday session. Currently, the index is at 12,116, up 0.70% on the day. On the release front, German Final CPI dipped to 0.1%, matching the forecast. The ECB releases its main refinancing rate, which is expected to remain at 0.00%. On Friday,…

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EUR/USD has edged lower in the Thursday session. Currently, the pair is trading at 1.1620, down 0.05% on the day. On the release front, German Final CPI dipped to 0.1%, matching the forecast. The ECB releases its main refinancing rate, which is expected to remain at 0.00%. The U.S releases key…

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Thursday September 13: Five things the markets are talking about U.S. equity futures and euro regional bourses trade steady after the overnight Asian session put an end to its longest losing streak since 2002 on fresh hopes that the worlds’ two largest economies will again sit down and talk trade….

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