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Fed to push higher, Putin pushing for referendums

From business.nab.com.au

A sourer tone took hold over the past 24 hours, with equities lower and haven currencies, including the dollar, stronger. But yields continued to push higher as markets await the FOMC, with the outcome of its 2 day meeting published 4am Sydney time tomorrow. Also before the week is out are meetings from the BoE, SNB and Norges Bank. The Riksbank kicked off a full week for central bank meetings, surprising expectations with a full point hike to 1.75%, opting to move urgently away from accommodative settings. In terms of data over the past 24 hours, Japan CPI came in a little stronger than expected, Canadian CPI a ... (full story)

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  • Category: Fundamental Analysis