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November Monthly

November 04, 2019
Two main developments drove the foreign exchange market in October. First, the market grew more confident that a hard Brexit could be avoided.  This drove sterling sharply higher.  It rallied from $1.22 on October 10 to a little above $1.30 on October 21 before doubts grew about the likelihood that Parliament will approve the new agreement.  
The o…
November Monthly November Monthly Reviewed by Marc Chandler on November 04, 2019 Rating: 5
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Investor Optimism Carries into the New Week

November 04, 2019
Overview: Investor optimism is reflected by the risk-taking appetite that is lifting equity markets and bond yields. With Japanese markets closed for a national holiday, the MSCI Asia Pacific Index was led higher by more than 1% gains in Hong Kong, Taiwan, South Korea, and Thailand. The regional benchmark advanced for the seventh session in the pa…
Investor Optimism Carries into the New Week Investor Optimism Carries into the New Week Reviewed by Marc Chandler on November 04, 2019 Rating: 5
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Charts Suggest Scope for One More Push Lower for the Dollar before a Correction Charts Suggest Scope for One More Push Lower for the Dollar before a Correction Reviewed by Marc Chandler on November 03, 2019 Rating: 5
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Synchronized Emergence from Soft Patch?

November 02, 2019
There have been plenty of developments warning of a global economic slowdown. Yet, seemingly to justify the continued advance in equity prices, there has begun to be talk of possible cyclical and global rebound.  
That is the new constellation, connecting the better than expected Japanese, South Korean, and Chinese September industrial output figur…
Synchronized Emergence from Soft Patch? Synchronized Emergence from Soft Patch? Reviewed by Marc Chandler on November 02, 2019 Rating: 5
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Dollar Remains on the Defensive Ahead of Jobs Report

November 01, 2019
Overview: An unexpected increase in China's Caixin manufacturing PMI helped lift Asia Pacific equities after the S&P 500 stumbled yesterday amid concerns that there will not be a phase 2 in US-China trade negotiations. The MSCI Asia Pacific Index rose 4.3% in October, and with the help of gains in China, Hong Kong, Korea, and Taiwan began …
Dollar Remains on the Defensive Ahead of Jobs Report Dollar Remains on the Defensive Ahead of Jobs Report Reviewed by Marc Chandler on November 01, 2019 Rating: 5
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