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FXTM Forex Market Update | 26/06/2018

Stock markets were mostly mixed today as traders closely monitored global trade developments. The Dollar remains supported by the widening interest rate differentials while Sterling continues to be pressured by Brexit related uncertainty. In the commodities arena, Gold has extended losses amid a firmer Dollar. With the economic calendar relatively light today, currency and stock markets may be dictated by ongoing trade developments. • #Gold prices have breached below $1260 For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Alex Gurr

16 July @ 22:25

By Alex Gurr, Guest Analyst

USD and Oil in focus
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16 July @ 21:15

By Lukman Otunuga, Research Analyst

China’s economic growth cools in Q2, Gold slips
The Yuan initially weakened against the Dollar following reports of China’s economy expanding at a slower pace in the second quarter of 2018. However, losses were quickly clawed back as growth stayed in line with market expectations. China’s economy grew at an expected 6.7% year on year in Q2,...
Hussein Sayed

16 July @ 09:42

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Will appetite for risk resume in the week ahead?
The S&P 500 rose 1.5% last week for the second week in a row, reflecting the return of risk appetite and putting the trade war noise in the back seat. The index is currently up 4.8% year-to-date and trading above the key level of 2,800. Whether the rally in equities will be sustained this week...