ECB Hiking Cycle Expected to Extend to 3%, Nordea Analysts Forecast
Nordea analysts have projected that the European Central Bank’s (ECB) current tightening cycle will extend further, with the deposit rate likely reaching 3%
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Aluminium at Risk of Demand Destruction as US Supply Tightens, Commerzbank Warns
Commerzbank has issued a fresh warning on the aluminium market, stating that persistent supply strain in the United States is increasingly likely to
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Gold Slips Below $4,400 as Strong US Jobs Data Lifts Dollar
Gold prices retreated below the $4,400 mark on Friday, pressured by a surging US Dollar following the release of stronger-than-expected employment data. The
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Australian Dollar Slides as Strong US Jobs Data Bolsters the Greenback
The Australian Dollar retreated against its US counterpart on Monday, as a surprisingly robust US Nonfarm Payrolls (NFP) report released last Friday fueled
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US Natural Gas Supply Outlook Improves, Says ING: What It Means for Markets
Analysts at ING have revised their outlook on US natural gas supply, pointing to improving conditions that could reshape market dynamics in the
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Indian Rupee Under Pressure: RBI Holds Rates but Actively Defends INR, Says BNY
The Indian rupee continues to face downward pressure against the US dollar, even as the Reserve Bank of India (RBI) has opted to
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Sterling Today: Pound Slips as Strong U.S. Payrolls Data Lifts Dollar
The British pound edged lower against the U.S. dollar on Friday, reversing earlier gains, after a stronger-than-expected U.S. payrolls report reinforced the case
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Canada Labour Market Report: CAD’s Volatile Response to Employment Data
The release of Canada’s latest labour market report triggered a sharp, immediate reaction in the Canadian dollar (CAD), as traders digested employment figures
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India’s Forex Reserves Edge Up to $682.32 Billion, Supported by RBI Intervention and Valuation Gains
India’s foreign exchange reserves rose by $1.1 billion to $682.32 billion for the week ending May 16, according to data released by the
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ECB June Rate Hike Signals Recalibration Phase, Nomura Analysts Say
Analysts at Nomura have interpreted the European Central Bank’s (ECB) June interest rate increase as the beginning of a recalibration phase rather than