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An earlier than expected Jackson Hole address from Janet Yellen sent the dollar lower this Friday.
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Expecting a negative start for most of the day, by the opening bell the Dow Jones had managed to rally itself, jumping 330 points to cross 21950.
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Taking their cue from the Dow Jones last night, the European markets rolled out of bed and straight into the red on Tuesday.
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Post-Easter the week builds to perhaps the most important figures since the coronavirus pandemic began: China’s Q1 GDP reading.
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With little of real economic substance to dig into it appeared that investors decided to focus on the tensions currently making up the geopolitical gumbo.
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Easter bedamned! The USA is getting out the nonfarm jobs numbers for March whether it is Good Friday or not!
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After a couple of subdued sessions the European indices are looking a bit livelier this Thursday morning.
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There’s not a great spread of top tier data this week, the markets having to wait until Thursday and Friday for the ECB and US GDP highlights.
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