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Putin: The US could drag Russia into war with the aim of posing sanctions on MoscowPutin: The US could drag Russia into war with the aim of posing sanctions on Moscow

Russia’s Putin is now speaking after the Blinken/Lavrov meeting earlier today: US wants to contain Russia, is using Ukraine to do that US could drag […]

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European major indices close higher on the dayEuropean major indices close higher on the day

The major European indices have closed higher on the day. The Italy’s FTSE MIB is the biggest gainer followed by the France’s CAC index. German […]

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Russia state-affiliated media tweet: Military personnel ‘killed’ after Ukraine drone strikeRussia state-affiliated media tweet: Military personnel ‘killed’ after Ukraine drone strike

The Russia state-affilliated media is tweeting: Ukraine border tension There has not been any reaction in the markets. So does not seem to be a big […]

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Atlanta Fed GDPNow estimate for 1Q GDP growth unchanged at 0.1%Atlanta Fed GDPNow estimate for 1Q GDP growth unchanged at 0.1%

The Atlanta Fed GDPNow estimate for Q1 growth remained unchanged at 0.1%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted […]

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Fed Bostic: Businesses now seeking redundant suppliers which is adding costsFed Bostic: Businesses now seeking redundant suppliers which is adding costs

Business response to what appeared short term supply and other problems could change long-run path of inflation businesses seeking redundant suppliers to buffer against future […]

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Dallas Fed Texas service sector index of general business activity outlook 0.6% in January 2022 from 14.2 last monthDallas Fed Texas service sector index of general business activity outlook 0.6% in January 2022 from 14.2 last month

The Texas service sector decelerated notably in January, according to business executives responding to the Texas Service Sector Outlook Survey.The revenue index, a key measure […]

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The GBPUSD higher on the day but finds willing sellers near the 100 day MAThe GBPUSD higher on the day but finds willing sellers near the 100 day MA

GBPUSD finds sellers against its 100 day moving average The GBPUSD moved higher yesterday but the price action was up and down choppy for most of […]

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Forexlive European FX news wrap: Plenty of data, including tragic German Retail Sales.Forexlive European FX news wrap: Plenty of data, including tragic German Retail Sales.

Headlines:USD and 10-Yr-Yields spot-check – Plus a cameo by @NewsquawkEurozone Unemployment Rate: 7% (Forecast 7.1%, Previous 7.2%)UK Mortgage Approvals: 71.015k (Forecast 66k, Previous 66.964k)UK Markit […]

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EURUSD takes another step higher today. Can the momentum continue?EURUSD takes another step higher today. Can the momentum continue?

EURUSD moves above its 200 hour moving average The EURUSD is up for the third consecutive day after bottoming at 1.11207 on Friday. That low on […]

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US stocks set to open modestly higherUS stocks set to open modestly higher

The major US indices are set to open up marginally higher the futures are implying:S&P index up four pointsDow industrial average up 40 pointsNASDAQ index […]

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