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Inflation and consumption data will dominate the week in front of us.
BOC rate decision to dominate as we get more information about the thought process of lone neutral central bank.
Final PMI readings across the world will dominate throughout the week, RBA rate decision and highlight will be NFP on Friday.
Dovish tones continue to dominate statements from major Central Banks.
USD
President Trump has stated over the weekend that deal with Mexico was reached thus delaying tariffs indefinitely.
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ISM manufacturing index came in at 52.1 vs 53 as expected.
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Consumer confidence for the month of May came in at 134.1 vs 130 as expected.
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Existing home sales for the month of April came in at 5.19m vs 5.35 as expected.
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President Trump has been touting China over Twitter to accept a deal and not to retaliate since things will only get worse.
USD
President Trump announced over the weekend that tariffs on $200bn China goods will go up from 10% to 25% on Friday which made gaps on market opening.
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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Instrument | Bid | Ask | Spread |
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2023 Martin Luther King Holiday Schedule
Due to the Martin King Holiday on 16 January, 2023, market activity and liquidity may be lower than usual....
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