Forex News
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Turns out Rory McIlroy won’t be leaving the PGA Tour anytime soon. The world No. 2 golfer is shutting down rumors that he’s going to defect to the Saudi-funded LIV Golf, ESPN reported on Tuesday. Over the weekend, a British news outlet speculated that McIlroy had been offered $850 million from the upstart league, along with a 2 percent equity stake. But the ...
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Jane Street Group LLC generated $10.6 billion in net trading revenue last year — one of many big numbers demonstrating its presence as a major market maker eyeing ever-more growth. The firm’s trading haul — roughly flat on the prior year — was among the litany of financial markers Jane Street disclosed to investors as part of a debt deal it’s seeking to ...
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The sky-high level of inflation is the most prevailing issue all over the world these days, and it is on top of every investor’s mind. Moreover, inflation within the U.S. is sitting at a high level. Higher inflation could be problematic for both the economy and consumers on several counts. So, the Federal Reserve wants to tame it and it is planning to do so ...
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post: ISRAELI PM NETANYAHU POSTPONING COUNTER STRIKE ON IRAN TILL AFTER PASSOVER NEXT WEEK - SKY NEWS
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In the week ending April 13, the advance figure for seasonally adjusted initial claims was 212,000, unchanged from the previous week's revised level. The previous week's level was revised up by 1,000 from 211,000 to 212,000. The 4-week moving average was 214,500, unchanged from the previous week's revised average. The previous week's average was revised up ...
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post: FED'S WILLIAMS: THE FED IS DATA-DEPENDENT, AND THE DATA HAVE BEEN VERY GOOD. post: FED'S WILLIAMS: ECONOMIC IMBALANCES HAVE BEEN REDUCED. post: Fed's Williams: Don't Feel Urgency To Cut Rates - Eventually Interest Rates Will Need To Be Lower - Rate Cuts Will Be Determined By Economic Activity post: FED'S WILLIAMS: FED RATE HIKES ARE NOT MY BASELINE FORECAST. post: *WILLIAMS: SEEMS MONETARY POLICY IS WORKING THE WAY WE HOPED You hoped that your dovish pivot in December would unleash much hotter inflation and crush your plans to cut rates?
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Many believe artificial intelligence (AI) will be the next general-purpose technology that will boost productivity growth. Indeed, AI adoption is already happening at breathtaking ...
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The Bank of England could still cut interest rates in May, Morgan Stanley has said, in an increasingly rare call of confidence as market sentiment supporting such a move wanes. ...
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When analysing the outlook for equities, it can be useful to consider the assumptions financial markets appear to be pricing in. Historically we have found that opportunities and ...
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post: ISRAELI PM NETANYAHU POSTPONING COUNTER STRIKE ON IRAN TILL AFTER PASSOVER NEXT WEEK - SKY NEWS
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In the week ending April 13, the advance figure for seasonally adjusted initial claims was 212,000, unchanged from the previous week's revised level. The previous week's level was ...
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post: BOJ'S NOGUCHI SAYS ITS SHORT-TERM POLICY RATE ADJUSTMENT LIKELY TO BE SLOW Full Story ? https://t.co/u9YN4sojP4 pic.twitter.com/IgtcttrNV4 BoJ’s Noguchi: Focus now is on the pace at which the policy rate will be adjusted Bank of Japan (BoJ) board member Asahi Noguchi said on Thursday that the “focus now is on the pace at which the policy rate will be adjusted and at what level it will eventually stabilize.” Additional quotes: • Essential for BoJ to maintain ultra-loose monetary policy, seek balance in labour supply and demand. • Japan is seeing wage hikes unseen in the past via spring wage negotiations. • Essential to continue to maintain appropriate balance between labour supply and demand through the continuation of its accommodative monetary policy to achieve the 2% price target. • Japan must achieve positive wage-inflation cycle as soon as possible and for this, service prices must keep rising. • Last year's spring labour-management negotiations have triggered an unprecedented wave of wage increases. • Another factor that is key is for small manufacturers to be able to smoothly pass on rising wage costs to prices. • If wage hike translates into higher prices, that will show through rise in service prices and this trend is clearly appearing. Long-term neutral inBOJ's Noguchi says its short-term policy rate adjustment likely to be slow Bank of Japan board member Asahi Noguchi said on Thursday that the pace of adjustment in short-term policy rate of the central bank will be slow and made at a pace that cannot be compared to that of other major central banks. A former academic, Noguchi was among two dissenters in the BOJ's nine-member board in the bank's decision last month to end eight years of negative interest rates and other remnants of its massive stimulus programme.
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AUDJPY pulled back lately, after it hit resistance at around 100.80 on April 9. However, the pair remains above all three of the plotted exponential moving averages (EMAs) and above an uptrend line drawn from the low of July 28, which means that the chances of the bulls recharging again soon are very high. The MACD and the RSI support this notion. Although ...
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USD/JPY upside looks limited near-term, hindered by narrowing interest rate differentials and perceived increased risk of Bank of Japan intervention. The stronger yen may add to growing downside momentum in the Nikkei 225, putting two of the strongest market trends in 2024 under threat. Don’t adjust your screens… USD/JPY declines: The Japanese yen received ...
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