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AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes

The Australian Dollar fell as concerns over the AstraZeneca vaccine raised by US regulators injected a sense of fear through markets on Tuesday. Meanwhile, Australian PMI data crossed the wires bet…

Gold Price Forecast: Gold Recovery on the Ropes- XAU/USD Bears Await

Gold is poised to snap a two-week rally after rebounding off technical support- bears eye resistance ahead. These are the levels that matter on the XAU/USD weekly chart.

NZD/USD IG Client Sentiment: Our data shows traders are now net-long NZD/USD for the first time since Sep 30, 2020 when NZD/USD traded near 0.66.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bearish contrarian trading bias.

Crude Oil Price Forecast: CL Snaps Back – Pullback or Reversal?

Crude oil prices have snapped back and taken out a big level of support along the way. Is a bigger reversal brewing in oil prices?

March 23, 2021
Finance
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There were a record number of supply agreements for recycled material in 4Q 2020. Not only is the number of circular economy partnerships rising, but the engagements are more substantial.

March 23, 2021
Finance
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The bull case for outperformance by Hong Kong equities is strengthening from a technical signal, as the MSCI Hong Kong ETF (EWH) has formed a bullish chart relative to its China peer (MCHI).

March 23, 2021
Finance
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U.S. oil majors Exxon Mobil and Chevron walked in lockstep for years, but that’s poised to change this decade.

March 23, 2021
Oil
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Oil futures fell sharply Tuesday, pressured by fears renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand. West Texas Intermediate crude for May delivery down 2.44, or 4, at 59.12 a barrel on the New York Mercantile Exchange. May Brent crude the global benchmark, dropped 2.69, or 4.2, to 61.93 a barrel on […]

March 23, 2021
Uncategorized
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WELLINGTON, March 23 Reuters Measures announced by New Zealand on Tuesday to cool its red hot property market could see home prices settle around 10 lower in the long term, and there could be much greater effects in the short term as some investors exit the market, Westpac Bank said. New Zealand introduced a raft […]

March 23, 2021
Uncategorized
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Worsening tensions between the European Union and China could jeopardize an investment deal that the two sides recently negotiated. The EU on Monday imposed sanctions on four Chinese officials and one entity for human rights abuses in Chinas northwestern Xinjiang region. The move was part of a coordinated action against Beijing by the U.S. and […]

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AUD/USD Drops as Vaccine-Induced Worries Plague Economic Reopening Hopes

Gold Price Forecast: Gold Recovery on the Ropes- XAU/USD Bears Await

NZD/USD IG Client Sentiment: Our data shows traders are now net-long NZD/USD for the first time since Sep 30, 2020 when NZD/USD traded near 0.66.

Crude Oil Price Forecast: CL Snaps Back – Pullback or Reversal?

Supply chains get serious about the circular economy

Hong Kong/China rally may just be starting as downtrend broken

Big oil brethren Chevron, Exxon Mobil charting opposite paths

Oil Sinks 4 as European COVID Curbs Raise Demand Worries

Westpac sees NZ House Prices 10 Lower over Long Term

Escalating EUChina Tensions could Jeopardize new Deal

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