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Via Bloomberg This is an interesting post that came up on Bloomberg recently based on the relationship between the S&P 500 and US jobless claims. The post was written in response to the people who say that the US economic recovery is a myth and that what you actually have is a Fed-inflated bubble (that
According to sources and documents reviewed by Reuters, the Venezuelan President Maduro is sifting cashflow from Venezuelan oil sales through Russian state energy giant Rosneft. Maduro seeks to evade the US sanctions designed to oust him from power “The sources said some of the money was flowing via Russian-Venezuelan bank Evrofinance Mosnarbank, which was placed
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Services and manufacturing surveys from Markit for April 2019 Prior was 55.3 Manufacturing 52.4 vs 52.8 expected Prior manufacturing 52.4 Composite 52.8 vs 54.6 prior The services number is a disappointment and the lowest since March 2017 while manufacturing is close to expectations. USD/JPY has ticked a bit lower on the headlines, down to 111.88
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Asia Pacific Market Open Talking Points S&P 500 sinks with health-care sector, triggering risk aversion NZD/USD support held despite pronounced losses, may reverse Australian Dollar may rise on a better-than-expected jobs report Trade all the major global economic data live as it populates in the economic calendar and follow the live coverage for key events
In spite of recovery based on China data, sellers keep highlighting rate-cut fears due to CPI miss. US data and trade-positive news reports will be awaited for fresh impulse. NZD/USD trades little changed near 0.6720 at the start of Asian trading on Thursday. The Kiwi pair registered heavy losses yesterday despite rest of the commodity-linked