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A collection of good and bad news affecting the foreign exchange market
Good news: Sino-U.S. trade tensions have eased: There are positive signals in Sino-U.S. trade relations. U.S. Treasury Secretary Bessent said that the two sides have prepared a very successful framework for leaders’ talks this Thursday, which may include China...
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OPEC's production increase plan limits oil price gains, thawing trade tensions w
Basic news: On Tuesday (October 28, Beijing time), spot gold was trading around US$3,993.84 per ounce. Gold prices fell more than 3% on Monday as signs of thawing trade tensions weakened gold’s safe-haven appeal, while market participants were waiting Awaiting...
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Intense debate on the US-Malaysia trade agreement, analysis of short-term trend
Global Market Overview 1. European and American market conditions The three major U.S. stock index futures all rose, with the Dow futures rising 0.51%, the S&P 500 futures rising 0.82%, and the Nasdaq futures rising 1.25%. Germany‘s DAX index fell 0.05%, Brita...
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Markets calm on optimism over U.S.-China trade deal
Markets turned risk positive at the start of the week on Oct. 27 as investors grew increasingly optimistic that the United States and China could reach a trade deal ahead of the highly anticipated meeting between U.S. President Donald Trump and Chinese Preside...
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In September, CPI strengthened expectations of interest rate cuts, but the US do
Asian Market Trends Last Friday, lower-than-expected CPI data boosted market interest rate cut expectations. The U.S. dollar index fell in the short term and then recovered slightly. As of now, the U.S. dollar is quoted at 98.96. Overview of fundamentals of th...
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Takaichi Sanae's first phone conversation with Trump, market assesses the impact
On October 27, spot gold was trading around $4,083 per ounce. Gold prices hit their first weekly decline in 10 weeks last week as investors took profits and signs of easing trade tensions suppressed safe-haven demand. The dollar was almost flat on Friday after...
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U.S. CPI in September was lower than expected across the board, and gold, silver
On October 27, in early Asian trading on Monday, Beijing time, the U.S. dollar index hovered around 98.89. Last Friday, lower-than-expected CPI data boosted market interest rate cut expectations. The U.S. dollar index fell short-term, then recovered slightly, ...
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The U.S. dollar index remains within a narrow range as expectations for a rate c
The U.S. dollar index hovered around 98.89 in Asian trading on Monday, after being almost flat on Friday after new inflation data showed U.S. consumer prices rose less than expected in September, leaving the Federal Reserve still expected to cut interest rates...
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