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Hawkish FOMC Minutes Weighed on World Equities

22.02.2018 Oil N' Gold 0

The more hawkish-than-expected FOMC minutes for the January meeting reversed equities, sent Treasury yields higher and support the greenback. DJIA and S&P 500 futures have fallen Thursday after ending the day in red in the prior days. US dollar remaine…

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Sterling Firm in an Otherwise Risk-Off Market

09.02.2018 Oil N' Gold 0

Selloff of the stock market resumed with the DJIA plunging another 1000 points Thursday. Shares in Asia Pacific followed suit today with Hong Kong’s Hang Seng Index breaking below 30000 for the first time since December last year. China’s CSI 300 index…

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Crude Oil’s Slump Exacerbated by Rising Inventory

08.02.2018 Oil N' Gold 0

World stock markets stabilized although the recovery appears lacking momentum. US dollar remained firm against major currencies with the DXY index closing above 90 for the first time since January 23. Treasury yields resumed strength after two days’ of…

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FOMC More Confident Over Inflation Outlook

01.02.2018 Oil N' Gold 0

The Fed turned more upbeat on the economic and inflation outlook. The market also viewed the Fed’s language that there would be “further increase” in the policy rate as a hawkish move. While this helped send short-term Treasury yields higher, US dollar…