DAILY UPDATES
Cautious Pricing in Global Markets
Global markets are trying to find direction between the tightening moves of central banks and the reopening of China.
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ECB/Holzmann: 50 Basis Points Increase Required Due to Record Inflation
Holzmann, a Member of ECB, stated that the inflation in May, which reached an all-time high in the Eurozone, was...
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Inflation Hits New Record in France
Inflation in France hit an all-time high in May, increasing pressure on the European Central Bank for aggressive rate hikes.
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EU Embargo on Russian Oil
The European Union (EU) announced that it agreed to reduce the oil imported from Russia by about 90 percent by...
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COT Weekly Non-Commercial Net Positions
The weekly COT (Commitments of Traders) report shows the general positioning of traders in the futures market.
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EU Leaders Will Meet in Brussels
EU leaders will meet in Brussels to discuss Ukraine, sanctions, energy, and food.
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Biden Will Meet With Powell
US President Joe Biden and Fed Chairman Powell will meet on May 31.
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USDJPY Remains Subdued After the Tokyo CPI Data
Today, Tokyo CPI data was announced. The main index rise % by 2.4 year on year basis, fell from the...
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AUDNZD Broke the Short-Term Trend
AUDNZD had a downside sell-off after reaching the 5-year-long resistance zone.
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Positive Atmosphere in Global Markets
Positive signals from Chinese technology companies in global markets supported the risk appetite.
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Record Oil Purchases From Russia by China and India
India and China bought record volumes of Russian oil, while many countries reduced their oil imports from Russia
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South Korea’s Central Bank Raises Interest Rates
The South Korean Central Bank increased its policy rate by 25 basis points to 1.75 percent.
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