Gold is up, Stocks under pressure

XAUUSD,H1 Gold kept its uptrend after US GDP fell to -5%, lower than the -4.8% expected. On the other hand, ongoing tensions between the US and China is increasing ahead…

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China Non-Manufacturing PMI: 53.6 (May) vs 53.2

China Non-Manufacturing PMI: 53.6 (May) vs 53.2

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Vantage FX Removes Binary Options to Focus on ECN Forex Trading via MT4

July 7, 2017 Following a decision from company management, Vantage FX has ceased offering binary options trading to our clients effective immediately. Given recent global regulatory tightening and ever increasing…

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EURUSD Holds over 1.1100

EURUSD, H1 & Daily Eurozone HICP inflation fell to just 0.1% y/y in the preliminary reading for May, from 0.4% y/y in April. Prices were down -0.1% m/m, and the…

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Oil Price to Stay Afloat as US Output Falls to Lowest Level Since 2018

The ongoing contraction in US production may keep oil prices afloat in June as crude output falls to its lowest level since October 2018.

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Events to Look Out for Next Week

Geopolitics are back in the picture giving the markets pause and adding another layer of uncertainty to a shaky global outlook. However other than US-China tension, next week the global…

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Colombia Interest rate meets expectations (2.75%)

Colombia Interest rate meets expectations (2.75%)

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Australian Dollar May Wilt, Markets Await Trump China News Conference

The Australian Dollar may be at risk to a reversal against the US Dollar after Trump announced a news conference on China later today. Until then, financial markets may remain…

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Silver Price Analysis: Struggles to gather upside traction despite diamond breakout

Silver is currently trading near $17.41 per ounce, representing a 0.21% gain on the day, having faced rejection near $17.50 on Thursday. The metal wit

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US Update – May 28 – Data In line

EURUSD, H1 The -323,000 initial claims drop to 2.123 million in the fourth week of March extended the -241,000 decline to 2.446 million (was 2,438 million) in the BLS survey…

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