NZD Up, AUD Down in thin Market; US CPI

Rates as of 0500 GMT Market Recap Markets were generally quiet and cautious ahead of todays US consumer price index CPI, which is now The Big Indicator To Watch more so than even the fabled US nonfarm payrolls. The big mover of the day was AUDNZD, which had a 1.38standarddeviation move lower. The fall in […]
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European Shares Edge Higher on Defensive Lift, Weak China Data Stokes Worries

Chinaexposed sectors lead losses HelloFresh surges after confirming 2025 target Henkel raises organic sales outlook despite cost headwinds Aug 15 Reuters European shares hovered near twomonth highs on Monday as signs of a slowing Chinese economy prompted investors to turn to defensive sectors such as healthcare and consumer staples typically seen as immune to business […]
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Stocks, Dollar Gain Despite Surprise Weak China Data

Wall Street indexes close higher China39;s central bank cuts rates after disappointing data Oil falls about 3, safehaven gold drops 1 Benchmark 10year yields weaken New York, Aug 15 Reuters Global equities and the U.S. dollar advanced on Monday despite weakerthanexpected economic data in China that prompted its central bank to cut its lending rate, […]
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EnBW Takes 561 Million Hit Due to Russian Gas Supply Cuts

FRANKFURT, Aug 12 Reuters German utility EnBW said reduced Russian gas flows dealt a 545 million euro 561 million hit to its firsthalf core profit, as it was forced to buy gas at much higher prices from alternative sources. EnBW, which mainly supplies power and gas to the German state of BadenWuerttemberg, home to major carmakers […]
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