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Asset Summary – Tuesday, 18 March GBPUSD faces potential downward pressure as the Bank of England is expected to maintain current interest rates despite a weakening UK economy and rising unemployment. The contrast between persistent inflation and lowered growth forecasts contributes to uncertainty regarding future monetary policy, potentially deterring investors. Furthermore,…
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Gold prices soared to record highs, surpassing $3,000, driven by a confluence of factors including tariff uncertainties, escalating Middle East tensions, and anticipation surrounding the U.S. Federal Reserve’s upcoming policy meeting. Investors sought the safety of gold amidst fears of a potential economic slowdown stemming from global trade disputes and heightened…
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The FTSE 100 experienced a positive trading session on Monday, marked by gains for the fourth consecutive day. Financial institutions, particularly life insurers, led the charge, while mining companies also benefited from rising commodity prices. However, supermarket stocks faced headwinds, and some individual companies experienced declines due to specific news events.…
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US stock futures held steady on Tuesday after experiencing gains in the previous two sessions, offering a temporary reprieve from the recent market decline. On Monday, the Dow Jones Industrial Average showed positive movement, alongside increases in the S&P 500 and the Nasdaq Composite. Market participants are now anticipating the Federal…
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The euro is trading near its highest levels since November, approaching $1.09, as market participants eagerly anticipate the outcome of Germany’s upcoming vote on a significant fiscal stimulus package. This potential stimulus, coupled with adjusted expectations regarding the European Central Bank’s (ECB) monetary policy, is contributing to the current market sentiment…
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The British pound is currently trading just below a four-month low as investors await the Bank of England’s upcoming policy decision. The BoE is expected to maintain current interest rates, grappling with the challenge of balancing sluggish economic growth against persistent inflationary pressures. Investors are also anticipating updated economic forecasts from…
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The US dollar is experiencing a period of weakness, hovering near five-month lows as economic uncertainties and trade tensions create a cautious market environment. While recent retail sales data offered mixed signals, the focus is now on the upcoming Federal Reserve policy decision and potential future rate cuts. The US dollar…
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Asset Summary – Monday, 17 March GBPUSD faces mixed signals. The unexpected contraction in the UK economy is likely to put downward pressure on the pound, as it suggests weakening economic fundamentals. The Bank of England’s potential reluctance to raise interest rates further could also limit GBP’s upside. However, the weakness…
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Gold prices are hovering near record levels, exceeding $2,980 per ounce, fueled by safe-haven demand and geopolitical uncertainties. Factors contributing to this surge include ongoing tensions in the Red Sea, concerns about escalating trade wars, consistent demand from ETFs, and continuous central bank purchases, particularly from China. Investors are also awaiting…
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The FTSE 100, the primary stock market index in the United Kingdom, has experienced a notable increase since the beginning of 2025. Trading on a CFD tracking the index reveals a substantial positive movement, indicating a period of growth for the UK’s leading companies. The FTSE 100 increased by 454 points.…
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US stock futures declined on Monday, signaling a cautious start to the trading week as investors seek new market drivers. Last week saw broad market weakness, with the S&P 500 and Nasdaq Composite experiencing their fourth consecutive weekly losses. All eyes are on upcoming retail sales data and the Federal Reserve’s…
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The euro experienced a rebound, nearing its highest level since early November, supported by positive economic news from Germany. However, escalating trade tensions between the US and EU and ongoing uncertainties related to the war in Ukraine present challenges to its continued appreciation. Investors are also awaiting Fitch’s decision on France’s…
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Market conditions for the British pound are currently characterized by downward pressure following the release of disappointing economic data. The UK economy unexpectedly contracted in January, diverging from anticipated growth. Investors are closely watching upcoming events, including the Bank of England’s monetary policy decision and the Chancellor’s Spring Statement, for further…
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The US dollar index is experiencing downward pressure, trading near five-month lows. Uncertainty stemming from trade disputes and increasing economic worries within the US are contributing factors. Investors are closely watching upcoming retail sales data and the Federal Reserve’s policy decision for further direction. Externally, the euro’s strength following a fiscal…
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Asset Summary – Friday, 14 March GBPUSD is demonstrating bullish momentum, primarily driven by a weakening US dollar stemming from economic anxieties and tariff implications. This upward pressure is compounded by the perception that the Bank of England is likely to maintain higher interest rates for a sustained period, diminishing expectations…