Stock indices continue to rise on solid U.S. earnings and weaker UK CPI

Outlook on FTSE 100, DAX 40 and S&P 500 amid better-than-expected U.S. earnings and slowing UK inflation.

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UK (GBP) Breaking News: UK CPI Miss Troubles Pound

GBP weakened against both the USD and EUR this morning after UK inflation figures fell further than expected.

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Euro Ahead Euro Area CPI: EUR/USD, EUR/AUD, EUR/JPY Price Setups

The euro is testing the top end of the recent range against some of its peers ahead of the key Euro area inflation data later Wednesday and next week’s key central bank meetings. How EUR/USD, EUR/JPY, and EUR/AUD look?

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Gold Jumps After Tepid US Retail Sales; What’s Next for XAU/USD After Reverse H&S Target Met?

Gold jumped after US retail sales rose less than expected in June which weighed on US Treasury yields and the greenback. How much more for gold to rise?

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Catch-up Gain in Value Sectors Overnight, Focus Remains on US Earnings: DJIA, NZD/USD,GBP/USD

Better-than-expected earnings results from major US banks provided the go-ahead for the Wall Street rally to continue, with some catch-up gains in the value sectors.

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New Zealand Dollar Soars as Inflation Beat Drives More RBNZ Tightening Bets

The New Zealand Dollar may rise after stronger local inflation data inspired traders to price in another RBNZ rate hike later this year. Where to for NZD/USD?

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US Dollar Dancing on Horizontal Support ahead of Fed Decision Next Week

After a sharp drop during the first half of the month, the U.S. dollar has stalled in recent days, with prices in consolidation mode around key technical support as traders await new market drivers.

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S&P 500 Outlook Over Next 1-2 Months: Broadening Participation Points to Further Gains

Improving market breadth points to further gains in the S&P 500 index in the coming weeks as the earnings season picks up steam. What is the one-month and two-month outlook for the S&P 500 index?

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Euro Ekes Out Gains as the US Dollar Reins in the Bears for Now. Where to for EUR/USD?

The Euro printed a new high despite the US Dollar pausing in its descent going into Tuesday’s session with next week’s ECB and Fed meetings moving into view. Will EUR/USD reverse?

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British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action

The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How do GBP/USD, GBP/AUD, and EUR/GBP look?

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Sentiment Awaiting Cues from Key US Earnings Releases Ahead: Brent crude, AUD/JPY, Natural Gas

Wall Street started the new trading week on a positive footing, as risk appetite rose ahead of several key earnings releases this week.

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Crude Oil Price Rolls Over on China Growth Woes and Libya Re-open. Lower WTI?

Crude oil prices are teetering lower after China’s GDP missed estimates and Libya reopened several oil fields. WTI has retreated back into the range, will this pattern persist?

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S&P 500 Outlook: Make or Break Week for Stocks ahead of Netflix, Tesla Earnings

The S&P 500 begins the week on the front foot, notching its best close in 2023 ahead of this week's key corporate earnings reports, which include results from Netflix and Tesla.

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USD/CNH, Copper Outlook: Worrisome Chinese Data Takes Hold

Lackluster Chinese Q2 GDP data paints a worrying picture for Chinese related assets including copper. USD/CNH bullish momentum in doubt after US dollar selloff

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WTI and Brent Start Week on the Back Foot as Chinese GDP Underwhelms

Oil prices finished last week on the back foot with underwhelming Chinese data this morning unlikely to help. Are we in for a retracement before bullish continuation?

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US Dollar Finds Traction While China GDP Misses Estimates. Where to for USD?

The US Dollar consolidated to start the week while soft Chinese GDP numbers highlight growing concern for the economic recovery there. With the Fed in a blackout, where to for USD?

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Gold Price Gives Up Some Gains as the US Dollar Steadies. Where to for XAU/USD?

The gold price is in the middle of its recent range near US$ 1,950 going into the new week with a US Dollar at a crossroads while the Fed is in a blackout period ahead of the FOMC.

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Australian Dollar Holds Losses After China GDP; How Much More Downside in AUD/USD?

The Australian dollar held the day’s losses against the US dollar after the Chinese economy grew less than expected in the second quarter. How much more downside in AUD/USD?

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Asia Day Ahead: Subdued Start to the Week Ahead of Key China Data

Earnings results from major US banks were somewhat mixed to end last week, with the Financial Select Sector SPDR Fund having formed a bearish engulfing candle on its daily chart.

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Markets Week Ahead: Gold, EUR/USD, S&P 500 Break Out as USD Tanks; Tesla Earnings Eyed

Gold, the Nasdaq 100, EUR/USD and GBP/USD all soared this week, while the US dollar broke down after US CPI data surprised to the downside. Traders should keep an eye on whether recent market moves can be sustained as the US earnings season gets underway.

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