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  • General Statistics

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      10/06/21 10:53

    Newest Member
    RobertPRawls
    Joined 30/09/22 07:20
  • Posts

    • Early Morning Call: Market pressures continue     This is here for you to catch up but if you have any ideas on markets or events you want us to relay to the TV team we’re more than happy to.
    • Asian markets headed lower after yet another miserable session on Wall Street. Tech stocks were hard hit following the downgrade of Apple stock by Bank of America, and in Japan the Nikkei lost over 2%. Losses in China were much more limited, as the official PMI figures from Beijing helped to provide a steadying influence. Nonetheless, stocks globally remain under pressure, and this seems unlikely to change for the time being. In FX markets, news that the UK prime minister will meet the head of the Office for Budget Responsibility prompted a further recovery in sterling against the dollar, with the pound recouping almost all its losses against the dollar seen over the past week. After German inflation yesterday today sees the release of eurozone inflation figures, along with US monthly personal consumption price data, the Fed's preferred inflation measure, which is expected to see a 6.1% year-on-year.   
    • For more up to date news on how markets will open, the latest earnings and economic news, watch IGTV live in the platform at 07:30am UK. Today’s coverage:   Indices: Global declines continue Europe expected to open down FX: USD remains the big story and a retracement continues – look for  better point to buy the dip. Despite chaos GBP looking at best week in 2yrs   Equities: NKE fell after poor earnings last night. DIS regroups Florida parks after hurricane Ian. META warns of restructuring Commods: Gold up for a 4th day. Oil drifting after Wednesday’s big gains. Lumber another new lower low. Aluminium up after LME proposal to limit Russian aluminium on its books      
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