Sterling trades broadly lower today after weaker-than-expected UK labor data strengthened expectations for a March rate cut from BoE. Rising unemployment and moderating wage growth have shifted the tone around policy outlook, particularly among more centrist MPC members who may now lean more dovish. Traders are now assigning more than 75% probability to a March […]
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WTI oil remains in a sideways mode and ranging between $80 and $90 for the second consecutive day, suggesting that the price action has temporarily stabilized after surge to near $120 per barrel on opening Read more…
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