The S&P500 Futures Nudge Higher As Risk Appetite Sticks

The S&P500 Futures (CME: ES) closed a third consecutive week in the green, taking the index within its nine-month high. Risk appetite has driven stocks higher, with tech giants taking…

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Will the EURJPY Rally Find Itself at a Crossroad?

The HCOB Services PMI declined from 56.2 to 55.1, falling 0.8% below the forecast. This drop might indicate a potential halt to the rally of the EURJPY currency pair. However,…

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EURUSD Bulls Falter As Non-Farm Payrolls Surprise To The Upside

The U.S. Non-Farm Payrolls shocked with a 339K reading well beyond the 190K reading expected, signalling a resilient U.S. labour market.   Despite the robust jobs data, the market priced in…

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The EURGBP Nears 24-Week Low After Four Consecutive Days Of Losses

Over the past seven weeks, the EURGBP currency pair has experienced six weeks of losses, primarily driven by resilient U.K. economic data contrasting with the slumping Euro Area economic data.  …

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Weak Chinese Economic Data Drags The FTSE100 Lower

The FTSE100 (LSE: UKX) is on track to close a second consecutive week lower, with a 1.85% week-to-date loss in the frame. The commodity-linked stocks dragged the index lower as…

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