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Monthly Archives: February 2018

Europe roundup: Sterling slumps as British consumer sentiment weaken, Euro hits 6-week low on downbeat prelim CPI, markets await U.S. Q4 GDP report – Wednesday, February 28th, 2018

Europe roundup: Sterling slumps as British consumer sentiment weaken, Euro hits 6-week low on downbeat prelim CPI, markets await U.S. Q4 GDP report – Wednesday, February 28th, 2018 Market Roundup Eurozone Feb inflation, flash yy increase to 1.2 % (forecast 1.2 %) Eurozone Feb inflation ex food & energy flash …

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Global geo-political series: U.S. commerce department announces final ad and cvd on imports of aluminum foil from China

Global geo-political series: U.S. commerce department announces final ad and cvd on imports of aluminum foil from China Yesterday, the U.S. Commerce Department announced final results of the Anti-dumping Duty and Countervailing Duty investigations on imports of Aluminum foil from China. The investigations were initiated based on a petition filed …

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Asia roundup; antipodeans rebound from 2-week lows, Euro hits 3-week trough amid political concerns, investors eye Eurozone prelim CPI – Wednesday, February 28th, 2018

Asia roundup; antipodeans rebound from 2-week lows, Euro hits 3-week trough amid political concerns, investors eye Eurozone prelim CPI – Wednesday, February 28th, 2018 Market Roundup China NBS Mfg PMI, 50.3 vs 51.3 last , 51.2 f’cast China NBS Non-Mfg PMI, 54.40 vs 55.30 last Japan Jan industrial output -6.6% …

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Americas roundup; Dollar gains as powell suggests gradual rake hikes, US stocks turn south, Gold slides 1 pct, Oil prices dip before U.S. Crude inventory data-february 28th 2018

Americas roundup; Dollar gains as powell suggests gradual rake hikes, US stocks turn south, Gold slides 1 pct, Oil prices dip before U.S. Crude inventory data-february 28th 2018 Market Roundup • Fed’s Powell nods to “gradual” rate increases, close eye on inflation. • Traders boost bets on Fed rate hikes …

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New Fed chairman’s upbeat message

New Federal Reserve Chairman Jerome Powell sends markets moving with an upbeat economic assessment. China plans to cut its budget-deficit target for the first time since 2012. Taiwan’s got toilet paper troubles. Here are some of the things people in markets are talking about. Powell’s Optimism (Bloomberg)-Federal Reserve Chairman Jerome Powell’s optimistic economic remarks sent the …

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Oil in global economy series: why Saudi Arabia desperately wants supply deal to continue?

Oil in global economy series: why Saudi Arabia desperately wants supply deal to continue? In November 2016, Saudi Arabia led Organization of Petroleum Exporting Countries (OPEC) and Russia led 10 non-OPEC countries forged an alliance to curb on oil supplies to the tune of 1.76 million barrels per day. If …

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