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Justin Low

Calmer tones hold so far in European morning trade

It is shaping up to be one of those days in markets. Most times, we go through the pre-NFP lull. But with CPI being the new NFP, here we are stuck in a...

Sterling stays vulnerable after BOE confusion

The reign of chaos continues in the gilts market amid the whole will they, won't they situation with regards to the BOE this week. The central bank was caught amid conflicting messages as...

Germany receives first direct gas deliveries from France to cope with energy crunch

According to the pipeline operator, GRTgaz, the flows for now will be at 31 GWh per day with the maximum capacity of the new gas link being at 100 GWh per day. What...

Little on the agenda in Europe today

Major currencies are little changed with the dollar still sitting in a firm spot overall, as equities continue to stay pressured as well for the most part. USD/JPY remains a focus as it...

China’s digital yuan foray sees transactions surpass ¥100 billion

The number is put out by the PBOC, with the spending covering 360 million transactions in plot areas involving 15 provinces and municipalities. According to the central bank, there are more than 5.6...

Despite the doom and gloom, the pound looks set to end the week higher

Despite a harrowing start to the week, the pound looks set to wrap up the week higher than where it was on Friday against the dollar and euro. The Monday open in markets...

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