S&P 500 extended run

S&P 500 entered Friday somewhat cautious and risk-off – not shaking it off, and practically for the closing bell, Moody‘s downgrade news hit.

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Japan PM Ishiba says again can’t accept US tariffs on autos

A US-Japan trade deal is not at all imminent. There are still strong sticking points, such as Ishiba’s reluctance to accept Trump’s tariffs on Japanese autos. A local issue for…

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AUD/NZD price analysis: Cross struggles to hold gains amid mixed signals

The AUD/NZD pair is experiencing mild selling pressure on Friday, hovering near the 1.0900 zone as the market approaches the Asian session. Despite the minor losses, the broader technical outlook…

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UK PM Starmer expected to announce Brexit ­”reset” deal on Monday. (Is Brexin the word?)

The UK Times (gated) interview with Prime Minister Starmer. From the report (bolding is mine): The prime minister is expected to ­announce broad plans for a youth mobility deal on…

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Japan’s Kato says will discuss FX with US Treasury Secretary Scott Bessent

Japan’s Finance Minister Shunichi Kato said on Friday that he would seek to meet US reasury Secretary Scott Bessent to discuss foreign exchange. Kato added that excessive FX moves damage the Japanese…

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EUR/USD: Likely to trade in a 1.1130/1.1230 range – UOB Group

There has been no increase in either downward or upward momentum; EUR is likely to trade in a 1.1130/1.1230 range vs US Dollar (USD). In the longer run, EUR is…

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BOJ expected to pause rate hikes through September amid tariffs uncertainty – poll

59 of 62 economists (95%) see no change to interest rates in June meeting 39 of 58 economists (67%) see interest rates staying unchanged in Q3 (previously 36%) 30 of…

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Unemployment rate in Australia expected to remain unchanged, indicating a steady labor market

The Australian Bureau of Statistics (ABS) will release the April monthly employment report at 01:30 GMT on Thursday. The country is expected to have added 20K new job positions, while…

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