Hints and tips:
...China's rapid recovery and US Off Trade strength), as well as a broad-based rally for nearly all emerging market currencies....
...The proposed EU budget increase and recovery fund of €750bn could be a game changer for Europe, although it is not a done deal, and more stimulus is likely in US/China; 4) Positioning remains light and the...
...Thursday 18.00 GMT What you need to know European stocks drift lower Pound briefly retakes $1.29 mark Italian bond yields continue to fall US markets closed for Thanksgiving Oil prices dip following rally...
...Friday 21.00 BST What you need to know S&P 500 ends 1.4% higher, Nasdaq gains 2.3% Focus starts to shift to corporate earnings season US Bank earnings exceed expectations European stocks falter after strong...
...The euro was down 0.1 per cent against the dollar at $1.1580 while the US currency was up 0.3 per cent versus the yen at ¥110.39....
...The dollar index tracking the US currency against a basket of peers was off as much as 0.3 per cent, with the pound leading gains, up 0.4 per cent at $1.4195. The euro was up 0.3 per cent at $1.2441....
...Dax unchanged 0.00 (0.00%) at 13,184 Currencies €/$ 1.22 (1.22) $/¥ 111.28 (111.28) £/$ 1.38 (1.38) €/£ 0.8825 (0.8811) Commodities ($) Brent Crude (ICE) down -0.11 at 69.27 Light Crude (Nymex) up +0.06...
...unchanged 0.00 (0.00%) at 13,203 Currencies €/$ 1.21 (1.20) $/¥ 111.31 (111.24) £/$ 1.35 (1.35) €/£ 0.8897 (0.8886) Commodities ($) Brent Crude (ICE) down -0.29 at 68.97 Light Crude (Nymex) down -0.45...
...Sprint gained on reports that a merger deal with T-Mobile USA could be announced as early as next week....
...The softer dollar helped gold rise $4 to $1,321 an ounce, although it failed to retest the four-month intraday peak of $1,326 struck on Wednesday....
...“Over the past three months, the consumer price index ex-food and energy rose an annualised 2.4 per cent. This marks a textbook V-shaped rebound from the weakness seen in the first half of the year....
...CAC 40 unchanged 0.00 (0.00%) at 5,384 Dax unchanged 0.00 (0.00%) at 13,043 Currencies €/$ 1.18 (1.18) $/¥ 113.10 (112.92) £/$ 1.32 (1.32) €/£ 0.8938 (0.8925) Commodities ($) Brent Crude (ICE) up +0.05...
...The dollar index, a measure of the currency against a basket of peers, was 0.1 per cent stronger at 93.141, after weakening 0.4 per cent on Friday as US consumer price index data for July came in below forecasts...
...Nasdaq down -18.97 (-0.32%) at 5,857 European markets Eurofirst 300 down -4.57 (-0.31%) at 1,472 FTSE100 down -9.23 (-0.13%) at 7,358 CAC 40 unchanged 0.00 (0.00%) at 4,974 Dax unchanged 0.00 (0.00%) at...
...(0.00%) at 4,896 Dax unchanged 0.00 (0.00%) at 11,999 Currencies €/$ 1.05 (1.06) $/¥ 113.17 (113.27) £/$ 1.24 (1.24) €/£ 0.8477 (0.8476) Commodities ($) Brent Crude (ICE) up +0.44 at 56.28 Light Crude...
...down -35.95 (-0.18%) at 20,054 Nasdaq up +8.24 (+0.15%) at 5,682 European markets Eurofirst 300 up +2.23 (+0.16%) at 1,434 FTSE100 up +2.60 (+0.04%) at 7,189 CAC 40 unchanged 0.00 (0.00%) at 4,767 Dax...
...The euro was flat against the dollar at $1.0667 but the US currency was 0.1 per cent lower versus the yen at ¥110.73....
...Commodities The pullback for the dollar did little to bolster industrial commodity prices, which are mostly prices in the US currency....
...economist at Mizuho USA....
...A decent USD/China cushion has been built off 7.00 and there is no real incentive for China to pursue a still stronger currency....
...Thursday 21:00 BST....
...Friday 21:00 BST....
...We expect the currency to stabilise between 2.98-3.00 in the days ahead....
...up +19.66 (+0.11%) at 17,535 Nasdaq down -6.72 (-0.14%) at 4,767 European markets Eurofirst 300 down -19.54 (-1.46%) at 1,317 FTSE100 down -92.63 (-1.49%) at 6,106 CAC 40 down -94.30 (-2.13%) at 4,330...
...Monday 21:00 BST. US stocks began the week on a cautious note as oil prices reversed early gains and copper and iron ore prices sank on fresh uncertainty for China’s economy....
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