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Weaker US CPI data providing a lift for most FX markets. 7/11/24
Weaker CPI data providing a lift for most FX markets. Dan Deming has more.
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From @DBNewswire|Jul 11, 2024post: *FED’S GOOLSBEE: JUNE CPI REPORT EXCELLENT, THIS IS WHAT PATH TO 2% INF. LOOKS LIKE post: FED'S GOOLSBEE: FINANCIAL CONDITIONS ARE PRETTY RESTRICTIVE. post: FED'S GOOLSBEE: IT DOESN'T FEEL LIKE THE BEGINNING OF A RECESSION.
From think.ing.com|Jul 11, 2024Financial markets started the year expecting six rate cuts from each major central bank. But it didn't take long for more resilient US activity data, coupled with some unwelcome ...
From scotiabank.com|Jul 11, 2024Another softer core CPI reading in the context of broader forces makes our forecast for 50bps of cuts this year starting in September look a little light (details here). There is ...
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From nypost.com|Jul 11, 2024|1 commentWith an eye roll for the ages, Italian Prime Minister Giorgia Meloni appeared annoyed Thursday morning as she and other world leaders waited for President Biden and the alliance’s ...
From bnnbloomberg.ca|Jul 11, 2024Emerging-market currencies jumped to their highest since May after US consumer prices unexpectedly fell in June, cementing bets that the Federal Reserve will cut interest rates ...
From @FirstSquawk|Jul 11, 2024|15 commentspost: JAPAN TOP CURRENCY DIPLOMAT KANDA: WILL TAKE APPROPRIATE ACTION ON FOREX IF NEEDED post: JAPAN'S TOP CURRENCY DIPLOMAT KANDA SAYS INTERVENTION KNOWLEDGE LIMITED post: JAPAN'S TOP CURRENCY DIPLOMAT KANDA BELIEVES IT IS UNLIKELY THAT GOVERNMENT OFFICIALS DISCUSSED INTERVENTION.
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- Posted: Jul 11, 2024 5:01pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,863
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