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Asset Summary – Friday, 19 September
Asset Summary – Friday, 19 September GBPUSD faces potential downward pressure as the Bank of England maintains a cautious approach to easing monetary policy, despite some dovish dissent within the committee. While the UK economy shows some pockets of strength, the Bank’s commitment to gradualism and only modestly adjusted inflation forecasts limit the likelihood of…
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Dow Jones Climbs, Boosted by Fed Rate Cut – Friday, 19 September
US stock futures indicated a positive trend for Friday, building on the previous session’s record highs across all three major indexes. This upward momentum followed the Federal Reserve’s recent rate cut decision, which appears to be bolstering investor confidence. Seven of the S&P 500 sectors experienced gains, with technology, industrials, and communication services leading the…
