Will we see something amiss again right before the US CPI release?

This was the move in S&P 500 futures in December (for the November release): One month may be a blip but two months of such price action, and there’s certainly something amiss with the report surely. The White House downplayed the potential for a leak last month but if we.

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European FX news wrap: Yen holds higher, markets await US CPI

US consumer price inflation figures are in the spotlight today The Japanese yen is still the most influential currency today The USD/JPY pair is trading lower due to apprehensions about the Bank of Japan According to a survey, China’s GDP growth is forecasted to rebound to 4.9% in the upcoming.

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The Japanese yen remains a major influence on the markets thus far

An emblem featuring a white background can be found on the website of Live Markets. Major currencies are not moving much in Europe during trading. This is due to investors being cautious ahead of the US CPI data release later today. However, the yen is an exception to this trend.

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Polls Indicate a Rebound of China’s GDP Growth to 4.9% in the Coming Year

An image featuring a logo consisting of white lettering is displayed, with the words “FL” written in the center. A prediction for 2022 GDP growth has been lowered to 2.8%, a decrease from the 3.2% estimated in October The fourth quarter of 2022 is expected to show an annual GDP.

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The bond market stays more bid ahead of the US CPI data today

Here’s a look at the state of play as European trading begins: bond yields fell by 3.4 percentage points to 3.511 percent, and the German bund’s price fell by 7.1 percentage points to 2.114 percent. What’s happening here? Is this a sign that regardless of the data that comes out.

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European equities slightly higher at the open today

The DAX in Germany is up 0.2%, the CAC 40 in France is up 0.4%, the FTSE in the UK is up 0.4%, the IBEX in Spain is up 0.5%, and the Eurostoxx in Europe is up 0.3%, but other currencies are mostly flat or slightly down as well. As.

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Eurostoxx futures +0.3% in early European trading

The German DAX future contract rose by 0.2 percent Wednesday, following Tuesday’s positive momentum. We ‘ll see if the positive mood continues as we near the end of the day, as well as the US CPI data. On Wall Street, equity prices are looking optimistic ahead of the US CPI.

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Another empty calendar day coming up in Europe

The Japanese yen is the big mover so far today, gaining 0.7% to a trade of ¥117.8. The rest of the major currencies are also a bit more subdued owing to the upcoming US CPI data, which will be the focal point for attention today. All of the focus and.

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USD/JPY remains in a downward trend due to concerns about the Bank of Japan

It’s possible that you might have overlooked it, but Eamonn’s report that was released earlier is the cause of the yen’s increased value in the markets today. At the upcoming meeting, the Bank of Japan will be analyzing the potential repercussions of their loose monetary policy. It is possible to.

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Japanese Yen Surges as BOJ Review Results are Released – Asia-Pacific FX News Summary

In the near term, China faces significant challenges in reviving its growth through private consumption. On Thursday, US President Biden will be making a speech following the US inflation report. Goldman Sachs no longer anticipates a recession in the Eurozone in 2023. China’s state planner stated that they would be.

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U.S. Treasury Offers $32 billion of 10-Year Notes at a High Yield of 3.575%

At the auction, the high yield was 3.575%, with a WI level of 3.58%. The tail was -0.5 bps in comparison to the 6 month average of 2.0 bps. The bid-to-cover ratio was 2.53X compared to the 6 month average of 2.35X. The domestic demand, as measured by directs, was.

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Another day where the ebb and flow will dominate due to the quiet calendar

There is not much going on on the FX market today besides the yen and Swiss franc being weaker. Tomorrow’s U.S. CPI report and after that, there is not much to do. Tomorrow’s economic data consist of the EIA’s weekly oil inventory data, which is the only other item on.

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