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By Mike Dolan LONDON – Perhaps remarkably, some of the world’s major economies still hold at least part of their rainy-day savings in sterling and British government… By Ambar Warrick– Most Asian currencies fell on Thursday, taking little support from a recent dip in the dollar as fears of rising interest rates and a looming… By Ambar Warrick– Most Asian currencies dotbig investments crept lower on Monday as concerns over worsening global economic growth kept the dollar close to a 20-year peak, while… By Peter Nurse – The U.S. dollar edged higher in early European trading Monday, while sterling also gained after the U.K. The Thai stock market has finished lower in six straight sessions, slipping almost 55 points or 3.6 percent along the way.

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The @newsquawk Market Open: European Futures Point Lower Following Wall St

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  • The Australian dollar firmed against its most major counterparts in the Asian session on Monday, as oil prices rose and investors awaited the Reserve Bank of Australia’s monetary policy decision to be released on Tuesday.
  • Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, reflecting lingering concerns about a recession and the global economic outlook amid aggressive interest rate hikes by central banks around the world.
  • None of the blogs or other sources of information is to be considered as constituting a track record.
  • By Harry Robertson LONDON -Sterling fell more than 1% against the dollar and euro on Wednesday after the Bank of England said it would step in to calm the UK’s frenzied…
  • To short the pound, you want to enter the trade as close to resistance level as possible.
  • It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

The Indonesia stock market on Friday ended the five-day losing streak in which it had fallen more than 170 points or 2.6 percent. The Jakarta Composite Index now rests just above the 7,040-point plateau although it’s looking at another soft start again on Monday. After the BOJ and the BOE intervened in the markets, traders are asking “Who’s next? Forex today was a better place for the commodity complex following a risk on session in Asia where Shanghai shares were up 2.7 pct making for the biggest gain since May 2016 and the CSI300 gained 2.92 pct, . It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.


By Amanda Cooper LONDON – Demand for U.S. dollars in the currency derivative markets surged on Friday to its highest since the COVID-19 crisis in 2020 as market turmoil… By John Revill ZURICH -The Swiss National Bank sold 5 million Swiss francs ($5.1 million) worth of foreign currency in market interventions in the second quarter of 2022,… MOSCOW – Russia’s top business lobby called on Friday for the central bank to build up its reserves of the Chinese yuan in a bid to stabilise the rouble, which is…

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By Gertrude Chavez-Dreyfuss NEW YORK – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the second quarter, with the… By Rae Wee SINGAPORE – Sterling climbed higher on Monday after British finance minister Kwasi Kwarteng said the government would reverse a plan to scrap the UK’s highest… The manufacturing sector in Indonesia continued to expand in September, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 53.7. The manufacturing sector in Taiwan continued to contract in September, and at a faster pace, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 42.2. The manufacturing sector in Malaysia fell into contraction territory in September, the latest survey from S&P Global revealed on Monday with a manufacturing PMI score of 49.1. August U.S. Core PCE rises 4.9% y-o-y, topping expectations calling for an advance to 4.7%, a sign that price pressures are struggling to moderate despite tighter financial conditions.

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