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Australian Dollar rises on upbeat CPI figures, subdued US Dollar
The Australian Dollar appreciates after the release of stronger-than-expected CPI data released on Wednesday. The Australian Dollar receives upward support due to the improved risk appetite, along with the higher ASX 200 Index. The US Dollar faced challenges after the downbeat PMI data was released
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GBP/USD drops amid increasing rate cut expectations by the BoE
GBP/USD declines following dovish signals from Bank of England officials, with traders eyeing potential August rate cut. Strong US manufacturing data and a less dovish stance from the Federal Reserve boost the Greenback. Upcoming PMIs in the UK and US could further influence the currency pair. The P
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US GDP and inflation in view, with concerns over whether we will see a 2024 rate cut
Ocado helps lead FTSE 100 gains, following claims they could relist in the US. US tech earnings in focus. US GDP and inflation in view, with concerns over whether we will see a 2024 rate cut. The FTSE 100 has seen a welcome resurgence in early trade today, with the index surging 1% this morning. The
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Israel strikes back against Iran, triggering safe haven flows which unwound
EU mid-market update: Israel strikes back against Iran, triggering safe haven flows which unwound as reports noted damage was limited and retaliatory strikes could now be over Notes/observations - Assets whipsaw as Israel retaliates with strikes against Iran, reportedly targeting nuclear research fa
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Pull-up Update