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According to Steven Swinford, deputy political editor of The Telegraph, British Prime Minister Theresa May’s office was considering to take the Brexit deal off the table. “Hearing suggestions tonight that there may not need to be any more resignations over the WAB (Withdrawal Agreement Bill). No 10 now seriously considering pulling it in view of extraordinary
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Federal Reserve officials remained firmly committed to a “patient” policy stance at their meeting earlier this month, saying rates likely will remain unchanged well into the future. Minutes from the May 1-2 Federal Open Market Committee meeting also showed that members raised their expectations for full-year economic growth and said that earlier concerns they had
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Retail sales for March Canada retail sales came in at 1.1% versus 1.2% estimate Ex auto better at 1.7% vs 0.9% estimate The prior month headline number revised higher from 0.8% to 1.0% The prior month ex auto also revised higher from 0.6% to 0.7% sales rose and  7 of 11 sectors representing 39% of
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
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The precious metal sector is under-performing this week amid demand pressures and a rising US dollar. Agricultural commodities are staging a comeback on the back of supply issues and speculative short covering.   Precious metals Speculative investors scaled back their bullish PLATINUM bets to the lowest since the beginning of April in the week to
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Multiple upside resistance-lines stand tall to question the pair’s recent recovery. Bears can jump back should prices break latest lows. GBP/USD’s latest bounce off 1.2685 isn’t strongly indicating the pair’s strength as it takes the rounds near 1.2715 ahead of the UK markets open on Wednesday. The pair needs to surpass near-term trend-line resistance, near
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Daily Markets Broadcast 2019-05-22 Wall Street rebounds on Huawei relief Tech stocks rebounded yesterday after US President Trump dialed back the blacklisting of Huawei, granting limited relief for consumers and carriers that do business with them. Other US indices also tracked higher though the cloud of the trade talks slowed gains. US30USD Daily Chart Source:
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The Trump administration is considering limits to a Chinese video surveillance company’s ability to buy American technology, people familiar with the matter said, according to The New York Times.  The move would effectively place the company, Hikvision, on a United States blacklist and will likely inflame the trade tensions. Hikvision is one of the world’s largest manufacturers
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