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EMERGING MARKETS-Dovish Fed lifts EM stocks, China stays under pressure
EM stocks down 0.4%, FX flatCzech flash CPI +2.5% y/y in AugustIndia cuts consumption taxes to revive local demandBy Pranav Kashyap and Twesha Dikshit Sept 4 (Reuters) - Emerging market stocks were mixed on Thursday as investors assessed dovish Federal Reserve signals, though China bucked the tre...Reuters
Thu, Sep 4
Sterling steadies as UK bond market frenzy ebbs
By Amanda Cooper LONDON, Sept 4 (Reuters) - The pound drifted on Thursday, in what has been its most volatile week in months, as investors grow increasingly nervous about Britain's finances and the government's ability to keep them under control, which has rattled the bond market too. ...Reuters
Thu, Sep 4
Eurozone Retail Sales decline by 0.5% in July vs. -0.2% expected
Retail Sales in the Eurozone decline by 0.5% on a monthly basis in July, the Eurostat reported on Thursday. This print followed the 0.6% increase recorded in June (revised from 0.3%) and came in worse than the market expectation for a decline of 0.2%.
Fxstreet
Thu, Sep 4
FOREX-Dollar holds, cracks in US job market amp up rate cut bets
US job openings data reinforces rate cut wagersAll eyes on Friday's payrolls report for policy cues Bond market ructions ease but fiscal worries lingerBy Ankur Banerjee and Amanda Cooper SINGAPORE/LONDON, Sept 4 (Reuters) - The U.S. dollar steadied on Thursday in a volatile week as investors ...Reuters
Thu, Sep 4
Medvedev says Russia may seize British assets and more Ukrainian land over frozen funds
MOSCOW, Sept 4 (Reuters) - A senior Russian official on Thursday said that Russia would take more Ukrainian territory and go after British property after London said it had spent around $1.3 billion of money raised from frozen Russian assets on weapons for Ukraine.British Defence Minister John Heale...Reuters
Thu, Sep 4
GBP: Once again, the narrative of the UK as a developing country – Commerzbank
On Tuesday, there were several reports once again claiming that the United Kingdom was a developing country. This was due to gilt yields rising significantly and the pound coming under considerable pressure.Fxstreet
Thu, Sep 4
USD/CHF nudges up above 0.8050 following soft Swiss CPI data
The US Dollar is crawling higher against a somewhat weaker Swiss Franc, as the unexpected contraction in Switzerland’s consumer prices in August feeds speculation that the SNB will cut rates into negative levels over the coming months.The pair is crawling higher from Wednesday’s lows at 0.8025, but
Fxstreet
Thu, Sep 4
Pound Sterling trades stably as BoE members signal uncertainty on interest rate outlook
The Pound Sterling (GBP) trades calmly against its major peers on Thursday as the Bank of England (BoE) officials delivered mixed remarks on the monetary policy outlook before the House of Commons’ Treasury Committee the previous day.Fxstreet
Thu, Sep 4
EUR/USD ticks lower with Eurozone Retail Sales on tap
The EUR/USD pair trades with minor losses at 1.1650 at the opening of the European session on Thursday. The pair keeps looking for direction, not far from the lower end of the last few weeks' trading range, ahead of the Eurozone's Retail Sales report.Fxstreet
Thu, Sep 4
