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Dovish Hold by the ECB and Uptick in US Wages will Underscore Divergence
The important events take place in the second half of the week ahead: the ECB meeting and the US employment report. A dovish hold by the ECB is the most likely outcome. US jobs growth is bound to slow from the heady 304k gain in January, but there won't be anything in it that lends credence to ideas that the world's largest economy is on the precipice of a recession. The Brexit drama could be moving into its homestretch. In the coming days, though it is still not clear exactly when the UK and the EU may agree on a statement of intent that the Withdrawal Bill can be wrapped in to help ease concerns over the Irish ... (full story)
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- Mar 3, 2019 7:36am Mar 3, 2019 7:36am
- Hutch
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- MarcChandler
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Beware of robber banks (RB), bad advisors.
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- Hutch
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