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Canadian Markets: Canadian stocks reverse to losses; energy weighs
Canadian stocks pivot away from earlier gains, mirroring a declining U.S. market as investors shrug off a generally strong round of corporate earnings.
Read more...Intraday Trading 07.28
Overnight the next 24 hours, market participants will closely monitor the NZDUSD as the pair maintains its narrow range ahead of the RBNZ rate decision. A rate increase by the central bank in conjuncture with hawkish comments may lead price action to test 0.735, with a break above exposing 0.742.
Read more...Euro Finds Pivot Point Against Dollar
The US dollar is behaving dramatically different against many of the other currencies so far today.
Read more...GBP/USD Channel Provides Opportunity with Sterling Stretched
Another solid week of U.K. fundamental releases, including the CBI sales report which reported that 51% of retailers surveyed said that sales were better than a year ago versus 18% that had negative results, added to prevailing bullish sentiment.
Read more...Chinas Sashimi Appetite Fills Cargo Planes
Xin Jing spends about 200 yuan ($30) on Japanese sashimi each time she visits Citysupers grocery store in Shanghai. Her appetite is helping fill cargo planes bound for China, boosting profit at Cathay Pacific Airways Ltd.
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