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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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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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Turkish central bank needs aggressive hike to settle investors Markets are trading relatively flat ahead of a slew of central bank meetings on Thursday, with the BoE, ECB and CBRT all scheduled to make interest rate decisions. While the Bank of England and European Central Bank would typically steal the…

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Edge of the seat type stuff! US Markets After wobbling most of the day in extremely choppy markets, the US equity market finished mostly higher supported by higher oil prices and news that the US has formally sent an invitation to China to resume trade talks. But festivities were tempered…

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GBP/USD has posted slight gains on Wednesday. In the North American session, the pair is trading at 1.3061, up 0.23% on the day. In the U.S, PPI and Core PPI both came in at -0.1%, missing their estimates. There are no major British events. On Thursday, the Bank of England sets its…

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What to expect from a not-so-super Thursday Thursday has the potential to be another interesting day in the markets, with interest rate decisions due from both the Bank of England and the European Central Bank. It’s not often that we hear from two major central banks on the same day,…

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China using Russia to get at the US as trade tensions rise US futures are trading relatively unchanged ahead of the open on Wednesday, taking the lead from Europe where markets have been quite calm early in the day. It’s been an uneventful day in financial markets so far, with…

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Wednesday September 12: Five things the markets are talking about It’s ‘hump’ day and despite the contained trading ranges across the various asset classes, investors have a lot to contend with, and strategize for, as we head towards the Autumn months which are expected to bring heightened volatility and risk…

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