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EUR/USD Update: Parity Approaches, Dollar Bid after Plenty of Fed Speak

‘FED PIVOT’ IN THE REAR VIEW MIRROR AS USD RETAKES THE DRIVING SEAT With euro fundamentals seemingly unchanged for now, markets turned their attention to a whole host of Fed officials as they remain united in the direction of future rate hikes but divided on the terminal rate. George, Kashkari, Daly and Bullard all had their say with Daly perhaps the most cautious in her message of not wanting to “overdo policy”, while Bullard remained true to his hawkish tag, stating that he is keen o

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AndaIG in Analyst piece

Dividend Adjustments 22nd August 2022 - 29th August 2022

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 22nd August 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on

ArvinIG

ArvinIG in Dividend Adjustment

Where do stocks go from here?

The summer rally has helped improve the outlook for stocks after a tough first half of the year, but both the bullish and bearish cases have powerful arguments supporting them. Source: Bloomberg   Indices Shares Commodities Inflation Market trend S&P 500

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ArvinIG in Analyst article

Dividend Adjustments 15th August 2022 - 22nd August 2022

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 15th August 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on

ArvinIG

ArvinIG in Dividend Adjustment

US Dollar Delicately Climbs as Fed Re-Affirms Rate Hikes Post Data. Where to for DXY?

The US Dollar remains fragile after US PPI eased in July. In a remarkedly similar response to soft CPI data the day before, markets extrapolated a less hawkish Federal Reserve going forward. This notion was once again shot down, this time by San Francisco Federal Reserve Bank President Mary Daly in an interview with Bloomberg television after the New York close. She said that a 50 basis point (bp) lift to rates is her base case at the September Federal Open Market Committee (FOMC) meet

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AndaIG in Analyst article

CRUDE OIL, US DOLLAR, US CPI, WTI, BRENT, CHINA, HANG SENG, FED - TALKING POINTS

Crude oil is steady through the Asian session ahead of the all-important US CPI later today. This is despite the American Petroleum Institute (API) reporting that inventory of US crude increased by 2.2 million barrels last week, a large difference from the forecast 400k decrease. The increase in stockpiles may have been offset by news that a Russian oil pipeline to central Europe had been shut down last week. The WTI futures contract is near US$ 90 bbl and the Brent contract is above U

AndaIG

AndaIG in Market News

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