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Stocks rallied and US dollar drop, as FED played down rates rise…

     Good Morning,   – Stocks rallied and US dollar drop, as FED’s minutes played down rates rise forecast. – U.S. stocks rallied the most in a month. Japan’s Nikkei 0.00%, Hong Kong’s Hang Seng 1.06% (07:09 GMT), Korea’s Kospi 0.48%, Australia’s ASX 200 0.32% and China’s Shanghai 1.38%. – Mario Draghi will probably […]

Market Recap-Simultaneous increase of USD and Equities

It seems that markets have reached a turning point, while both the USD, oil contracts and US Equities increased significantly at the same time. SP500 has almost closed at the all-time high, while at the same time USD strengthened across all the board (despite the fact that currently markets are pricing in a January 2020 […]

Dollar recovered after strong U.S. manufacturing survey…

  Good Morning,   – The U.S. dollar recovered thanks to the strong U.S. manufacturing survey, with the dollar’s index rising to 80.30 .DXY from a eight-week low of 79.927 hit on Wednesday. – A survey showing brisk U.S. manufacturing activity gave Asian stock markets a lift on Friday and bolstered the dollar, though underlying […]