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Euro and pound little changed after European elections

27 May 2019

Summary: A big alliance of EPP/S&D is set to lose its majority in a new European Parliament Eurosceptics win in France, Italy and the UK; in general populist parties fail to gather many more seats though Both EUR and GBP trade slightly changed this morning amid thin liquidity due to a holiday...

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US stocks look to recover into the weekend; More soft US data

24 May 2019

Summary: US benchmarks trading higher ahead of the open Trump trade comments support the recovery Durable goods orders disappoint   After some pretty heavy selling yesterday, US stock markets are set to start higher this afternoon as equities have moved off their...

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Pound mixed as UK PM May announces resignation date

24 May 2019

Summary: UK PM May announces resignation Mixed reaction seen in the pound Oil on track for large weekly loss   Theresa May has announced that she will step down on Friday 7th June as the PM has confirmed the end of her tenure. There was a small move higher in the...

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27 May 2019
24 May 2019
14:00

Macroeconomic update: Is there anything to be pleased with?

- Streak of downbeat US data - PMIs decline in Europe, US and Asia - Australian dollar pressured by RBA’s dovishness US - PMIs within a striking...

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10:08

DE30: Paul Achleitner retains Deutsche Bank Chairman job

Summary: - European equities push higher on the final trading day of the week - DAX (DE30) tries to climb back into the upward channel - Paul Achleitner...

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08:56

Trade of the day: ETHEREUM

Summary: - Cryptocurrencies saw rapid gains since the beginning of May - Rally on Ethereum market eased after reaching resistance zone - A short-term...

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23 May 2019
10:56

Trade of the day: COCOA

Summary: - Cocoa prices moved sharply higher on production concerns - Price reached key resistance zone - Short-term pullback may be on the cards Trade:...

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10:19

DE30: Growing divergence between soft and hard data

Summary: Private consumption was the major factor behind GDP growth in Q1 in Germany German PMIs fail to improve, a huge divergence between soft...

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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