Bartholomew
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Fed’s interest rate decision in focus
As the week is about to come to an end, we open a window at what next week has instore for the markets. On Monday, we get the preliminary PMI figures for December of Australia, Japan, France, Germany, the Euro Zone as a whole, the UK and the US. Also on Monday we get Japan’s machinery orders for Oct
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Retail sector keeps growing, mixed performance of industry in CEE
On the radar The ECB Governing Council decided to cut the deposit rate by a further 25 basis points (bp) to 3.0%. Serbian central bank left the key policy rate unchanged at 5.75%. Inflation rate in Serbia eased to 4.3% y/y in November. In Romania industrial output In Slovakia, inflation rate in Nove
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CAD: BoC policy decision looms – Scotiabank
The Canadian Dollar (CAD) is soft, but little changed on the session, Scotiabank’s Chief FX Strategist Shaun Osborne notes. CAD on the cusp of a push through 1.42 “The Bank of Canada is widely expected to sanction the 1/2-point rate cut that markets have priced in for today’s policy decision (9.45ET
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GBP/USD: Strong surge in momentum – UOB Group
The Pound Sterling (GBP) appears to have entered a consolidation and is likely to trade between 1.2705 and 1.2770. In the longer run, there has been a strong surge in momentum; GBP may rise to 1.2850, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note. GBP may rise to 1.2850 24-HOUR VIEW: “
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A big week for central banks
Bashar al-Assad's regime fell over the weekend, Korean lawmakers prepare another impeachment attempt against their President who narrowly avoided removal after briefly imposing martial law last week, and France remains without a new presidential nominee. As such, the US Dollar is stronger on safety
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Pull-up Update