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EURJPY rally sellers ahead?
The EUR still has some continued reasons for weakness as it increasingly looks like heading into a recession as PMIs on July 22 showed a steep drop below the market’s minimum expectations. In fact, since the PMI data points released on the 23rd of June printed below the market’s minimum expectation at 51.9 (for the composite Flash reading) there have been continued signs of a slowing eurozone. This week the German IFO data came in below expectations this week and the spread between expectations and current conditions has widened. Also, the natural gas surge puts pressure on the eurozone as relentless energy price ...
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From @DailyFXTeam|Aug 1, 2022|20 commentstweet at 8:51am: Pelosi to land in Taiwan Tuesday night and meet lawmakers Wednesday - Lib TimesPelosi arrives in Taiwan overnight, scheduled to visit Legislative Yuan on Wednesday US House of Representatives Speaker Nancy Pelosi is visiting Asia. Although the US public itinerary is not included in Taiwan, the outside world is still quite concerned about whether Pelosi will visit Taiwan. It is understood that Pelosi will arrive in Taiwan tomorrow night, stay overnight, and also plan public activities, and is expected to meet the Legislative Yuan on Wednesday. Pelosi led a delegation of the U.S. House of Representatives to visit the Indo-Pacific region. According to the U.S. public itinerary, Pelosi visited Singapore, Malaysia, South Korea and Japan. Taiwan, which is of concern to the outside world, was not on the list. Pelosi has met with Singaporean Prime Minister Lee Hsien Loong and President Hali
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From cnbc.com|Aug 1, 2022Europe is facing an unprecedented energy crisis that’s pushing the economy closer into a recession and posing serious questions about the region’s climate change ambitions. CNBC ...
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From marctomarket.com|Aug 1, 2022|4 commentsThe US dollar begins the new month better offered. It is softer against all the major currencies. Short yen positions continue to get unwound, which is leading the move, followed ...
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From pmi.spglobal.com|Aug 1, 2022The US manufacturing sector registered a further weak improvement in operating conditions during July, according to latest PMITM data from S&P Global. Contributing to subdued ...
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From stlouisfed.org|Aug 1, 2022Partly because of the effects of the COVID-19 pandemic, inflation and record deficit spending have been in the news lately. And as the first figure shows, the U.S. debt-to-GDP ...
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From prnewswire.com|Aug 1, 2022|7 commentsEconomic activity in the manufacturing sector grew in July, with the overall economy achieving a 26th consecutive month of growth, say the nation's supply executives in the latest ...
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- Posted: Aug 1, 2022 9:20am
- Submitted by:Category: Technical AnalysisComments: 0 / Views: 631
