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FTSE 100 hits fresh one-year high
It looks to be a positive end to the week for UK, European and US markets, with the latter buoyed by an upgrade to Q4 GDP, says Chris Beauchamp, Chief Market Analyst at online trading platform IG. FTSE 100 touches new one-year highs “While a latecomer to the global stock rally, the FTSE 100 has done
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Gold price holds strength ahead of US core PCE inflation
Gold price hovers around $2,200, exhibiting strength ahead of US core PCE Price Index data. The US Dollar refreshes to a six-week high amid cautious market sentiment. 10-year US bond yields rise as Fed rate cut bets for June have dropped. Gold price (XAU/USD) holds onto gains near $2,200 in Thursday
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USD/JPY eyes 1990 highs: Intervention or reversal?
The reversal of the Bank of Japan's monetary policy tightening at the beginning of March not only failed to reverse, but also added to the Yen's weakening trend. The systematic pressure on the Japanese currency raises even more questions, given that the Fed and ECB are less than three months away fr
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Pull-up Update