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6 Mar 2020

GBP Futures: Risks some consolidation near-term

In light of flash data from CME Group for GBP futures markets, investors added around 2.3K contracts to their open interest positions on Thursday, reversing at the same time three pullbacks in a row. Volume, instead, went down for the third consecutive session, this time by nearly 12.6K contracts.

GBP/USD stays capped by 1.30

Cable’s recovery was accompanied by rising open interest and the persistent downtrend in volume on Thursday. That said, while a test of the 1.30 mark would not be surprising, the pair is expected to trade within a consolidative fashion in the next sessions.

Mar 6, 2020

Asian stocks snap four-day winning streak amid broad risk aversion

With the coronavirus (COVID-19) outbreak gaining pace outside China, Asian stocks follow the footsteps of macro risks while marking losses ahead of th
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Mar 6, 2020

Philippines: Inflation unexpectedly slowed its pace in February – UOB

UOB Group’s Senior Economist Julia Goh and Economist Loke Siew Ting reviewed the recently published inflation figures in the Philippines. Key Quotes “
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