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The Bank of Japan kept its target policy rate unchanged at 0-0.1%
Markets US yields reached new YTD highs across the curve following Q1 US GDP data. The 1.6% Q/Qa headline print missed consensus by quite a margin (2.5% Q/Qa), but details showed underlying strength in consumption and investments. The biggest drag came from net exports with imports rising faster tha
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Sensex, Nifty Extend Gains On Earnings
Indian shares closed Thursday's session notably higher despite weak cues from global markets, following disappointing forecasts from Facebook and Instagram parent Meta Platforms. The benchmark S&P BSE Sensex surged 486.50 points, or 0.66 percent, to 74,339.44, extending gains for the fifth strai
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GBP/JPY cracks fresh nine-year high at 193.60
The Guppy breaks into new chart territory above 193.60, a nine-year high. Deflating JPY is rapidly approaching standoff territory with nervous BoJ. Japanese inflation figures, BoJ rate call loom ahead on Friday. The GBP/JPY broke into a fresh nine-year high above 193.60 on Wednesday as the Pound Ste
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Euro gains against the Dollar amid mixed economic signals
The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the currency market. In the US, newly published statistics provide fodder for
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Market rebounds on strong earnings, tech rallies on optimistic outlook
And the bounce continues – traders go on a shopping spree. Better earnings from a range of industries help to support the mood. TSLA did not disappoint – stock up in the pre-market. TXN suggests better days ahead for chips. Oil and Gold hold steady. Try the Soy Garlic Chicken Thighs. Stocks roared h
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Singapore Inflation Eases To 2.7%, Lowest In 30 Months
Singapore consumer price inflation slowed in March to the lowest level in two-and-a-half years, largely due to a decline in private transport costs, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Tuesday. The consumer price index rose 2.7 perce
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GBP/USD Price Analysis: Flat lines around mid-1.2300s, bearish potential seems intact
GBP/USD holds steady on Tuesday amid subdued USD demand, albeit lacks bullish conviction. The divergent Fed-BoE policy expectations turn out to be a key factor acting as a headwind. The technical setup suggests that the path of least resistance for the pair is to the downside. The GBP/USD pair strug
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Pull-up Update