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By Elizabeth Howcroft LONDON (Reuters) - European stock indexes were mostly lower on Monday, finding little support from an easing of China's domestic pandemic restrictions, after market sentiment was dampened by U.S. jobs data on Friday that raised fears of persistent inflation. Asian shares had been boosted early on Monday by hopes that China's steps to ease its zero-COVID policy would support global growth and increase commodity demand. More Chinese cities announced an easing of COVID-19 measures on Sunday, after protests against the restrictions last weekend. The news boosted Chinese stocks and pushed the yuan past 7 per dollar. MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.7%. But the impact on European markets was limited as investors were cautious about the extent of the reopening and remained focused on the outlook for central bank rate hikes. The MSCI world equity index, which tracks shares in 47 countries, was up just 0.3% on the day. Europe's STOXX 600 was down 0.3%, Germany's DAX was down 0.6% but London's FTSE 100 was up 0.2%. “I think for an amount of time we won’t know the real definition of zero-COVID because it has been changing and evolving very very quickly in the last two weeks," said Eddie Cheng, head of multi-asset portfolio management at Allspring Global Investment. The new easing "could add to a stronger demand for raw materials but we also need to see ... how it evolves," Cheng said. China's "zero-COVID" policies have weighed heavily on the world's second-largest economy. Services activity shrank to six-month lows in November. Market sentiment in Europe is still under pressure from "some inflation forces," Cheng said, in particular the region's energy crisis. Euro zone business activity declined for a fifth month in November, final PMI data showed, suggesting the economy was sliding into a mild recession. November's robust U.S. payrolls report knocked Wall Street on Friday as it challenged hopes for a less aggressive stance by the Federal Reserve. Futures for the S&P 500 and Nasdaq were down around 0.5% as investors waited for more data to provide clues on the Fed's next move. The euro was up 0.3% against the dollar, at around $1.05735, while the U.S. dollar index was down 0.1% at 104.31, having recovered after optimism about China's lockdown-easing sent it to five-month lows earlier in the session. Euro zone government bonds yields slipped, with the benchmark German 10-year yield at 1.837%. The European Central Bank should raise interest rates by 50 bps on Dec. 15, French central bank chief Francois Villeroy de Galhau said on Sunday, reinforcing expectations for the ECB to slow the pace of monetary tightening after back-to-back 75 bp increases. Investor attention remains focused on the pace of central banks ending their rate-hiking cycles. The Reserve Bank of Australia meets on Tuesday, and is expected to raise rates by a mere 25 basis points. The Bank of Canada meets on Wednesday and is expected to raise rates by 50 bps. "We expect that growth will take the place of inflation as the main market focus at some point in the not too distant future," said Geraldine Sundstrom, a portfolio manager at PIMCO, in emailed comments. "Central bank rhetoric is starting to point in that direction, but we won't know for sure until peak inflation is solidly in the review mirror." Oil prices rose after OPEC+ nations held their output targets steady. The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow's ability to finance its war in Ukraine. Russia has said it will not abide by the measure even if it has to cut production.
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By Jamie McGeever ORLANDO, Fla. (Reuters) -What many people saw as an open goal for the Federal Reserve chair on Wednesday, it seems Jerome Powell saw as a potential own goal. Nearly everyone expected him to use his eagerly awaited speech on the economic outlook and the labor market at the Brookings Institution think tank to push back on the significant easing of U.S. financial conditions in recent weeks. Looser financial conditions - higher equities, lower dollar and bond yields, tighter credit spreads - make it harder for the Fed to succeed in its fight to cool the economy and get inflation back down towards target. According to Goldman Sachs (NYSE:GS)'s financial conditions index (FCI), they have loosened over the last two months despite two 75-basis points rate hikes and promises from Fed officials - including Powell - of more tightening to come. They have loosened significantly since Wall Street's cycle low in mid-October, and since the Fed's Nov. 2 policy meeting, leading most observers to think Powell would lean against markets on Wednesday, at least a bit. But he refused to do so and investors were caught miles offside: the S&P 500 and Nasdaq both recorded their second biggest rises in over two years, adding 3.1% and 4.4%, respectively. According to Morgan Stanley (NYSE:MS), the relief rally that engulfed risk assets produced the second-largest year-to-date easing in U.S. financial conditions, worth 30 basis points. Goldman's FCI fell 21 bps to its lowest since Sept. 12, overwhelmingly led by the move in equities. By this measure, financial conditions now are easier than they were before the Fed's September and November rate hikes. But in truth, what everyone assumed was the right thing for Powell to do on Wednesday - steer the market in the opposite direction - was probably not the right thing to do, and the Fed chief may have played it just right. The lagged effects of this year's 425 bps of rate hikes have still to play out in the economy and the "pain" that Powell has previously warned is coming will be felt next year. Several measures of inflation suggest price pressures have peaked and are now steadily declining. If all that is true, there may be less need to focus so heavily on financial conditions, and a more balanced monetary policy now is sensible. "This is a tacit change in messaging. We can take this as some degree of evidence that the Fed is willing to accept the easing of financial conditions in the past several weeks," said Yung-Yu Ma, chief investment strategist at BMO Wealth Management. BLACKOUT PERIOD Economic and labor market data this week suggest the Fed's most aggressive rate-hiking cycle in four decades is starting to bite. The Chicago purchasing managers index, a measure of factory activity in the Midwest, and the national ISM manufacturing index both slumped in November to levels typically associated with recession. Meanwhile, private sector job growth across the country last month was far weaker than expected too. If these indicators are useful guides to broader trends in the coming months, the Fed is right to be cautious. Powell said on Wednesday that the Fed has already been "pretty aggressive" and does not want to "crash the economy and clean up afterward." To be clear, the Fed isn't completely turning its back on financial conditions. In his Q&A on Wednesday Powell repeated his view that a better barometer for policymakers is the extent to which real rates are positive. By this measure, financial conditions have tightened considerably in recent months. Inflation-adjusted Treasury yields hit their highest in over a decade last month, rebounding sharply from historically negative levels earlier this year. That said, the Fed chair knows the power of his words. He probably didn't anticipate such an outsized reaction, but he would have been well aware that investors were positioned for him to push back against the recent market rally and substantial easing of financial conditions. Economists at Piper Sandler argue that Powell did not say anything new, and note that markets usually rally after his public communications. If the Fed decides it does want to push back against the market's interpretation of his latest comments, it might have to wait. "The December FOMC blackout period starts on Saturday, so realistically the next opportunity for the Fed to correct market perception, again if needed, is the FOMC statement and press conference on Dec. 14," they wrote in a note on Thursday. (The opinions expressed here are those of the author, a columnist for Reuters.) Related columns: - Shifting central bank goal posts - Fed may harangue markets to prevent premature pivot (By Jamie McGeever; Editing by Andrea Ricci)
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that's should be real fast
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@MidasTech see, no real sellers here atm :) jumped on cable again.
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that's real crazy
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those are not real sells but rather take profits i guess
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HF Webinar (EN): Live Analysis 📅 30 November ⏰ 11:00 AM [GMT] 📄 In this live analysis webinar, our Head Market Analyst Stuart will analyze forex, commodity and stock markets. Traders of all levels of experience can learn from this opportunity to ask questions about analysis, trading, risk management and future trading setups. In this webinar, you will: ▫️Watch Stuart analyze the markets in real time ▫️Learn how professionals approach their analysis and trading ▫️Get your trading questions answered live __Click the link below to register:__ https://www.hfeu.com/en/trading-education/forex-webinars?id=2606963386764862736
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ah that's sounds real drugs!! what types are you taking
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> FED'S DALY: REAL-WORLD IMPACT OF FED RATE HIKES LIKELY HIGHER THAN WHAT CURRENT RATE TARGET IMPLIES > DALY: FINANCIAL MARKETS PRICED LIKE FED FUNDS RATE AT 6%, NOT 3.75%-4.00% > DALY: FED MUST BE MINDFUL OF RISK OF TIGHTENING POLICY TOO MUCH
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@Atlas #Emporos Research
is exactly what happened like 7 years a go , an investmemt led to two automatic programs , to bad there are is to much corruption carrying those things around , a fine engineer that cant afford to protect his property is a typical criminal movie , happens very rarely , it just means the devil is protecting his sovciety , not reality , i guess thats why we call it the real world
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HF Webinar (EN): **Live Analysis** 📅 23 November ⏰ 11:00 AM [GMT] 📄 In this live analysis webinar, our market expert Andria will analyze forex, commodity and stock markets. Traders of all levels of experience can learn from this opportunity to ask questions about analysis, trading, risk management and future trading setups. In this webinar, you will: ▫️Watch Andria analyze the markets in real time ▫️Learn how professionals approach their analysis and trading ▫️Get your trading questions answered live __Click the link below to register:__ https://www.hfeu.com/en/trading-education/forex-webinars?id=8656679772439581200
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BEIJING (Reuters) - China's banks should step up credit support for the economy, including expanding medium to long-term loans to support investment, the central bank and the banking and insurance regulator said on Monday. Regarding the property sector, the authorities said they should stabilize lending to developers and construction firms, and also support reasonable demand for personal housing loans. China's real estate investment fell at the fastest pace in 32 months in October and overall new bank lending tumbled as strict COVID-19 restrictions and property woes weighed.
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Normally, need one year (half year paper trading + half year real trading) to conclude the strategy is good or not........
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Yep, likely for a loss unless it gets a kick up real quick
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boring day, no real movements
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You must have a real good sense of humor.
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**Market Update: November 15 – It’s a real mix!** Biggest FX Mover @ (06:30 GMT) XAUUSD broke week’s resistance, extending above 1780. MAs aligning higher, MACD lines flattened, RSI 73 & rising. H1 ATR 3.72, Daily ATR 28.76. __Read More:__ https://analysis.hfeu.com/en-eu/633095/
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lol i only believe in seeing real trades
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HF Webinar (EN): **Live Analysis** 📅 16 November ⏰ 11:00 AM [GMT] 📄 In this live analysis webinar, our market expert Andria will analyze forex, commodity and stock markets. Traders of all levels of experience can learn from this opportunity to ask questions about analysis, trading, risk management and future trading setups. In this webinar, you will: ▫️Watch Andria analyze the markets in real time ▫️Learn how professionals approach their analysis and trading ▫️Get your trading questions answered live __Click the link below to register:__ https://www.hfeu.com/en/trading-education/forex-webinars?id=3370670969278496783
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**STATI UNITI - Indagine della Fed di Filadelfia sul quarto trimestre 2022 dei previsori professionisti.** https://www.philadelphiafed.org/surveys-and-data/real-time-data-research/spf-q4-2022
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By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar steadied on Monday after Federal Reserve Governor Christopher Waller said the central bank was not softening its fight against inflation, which made some investors think that the steep sell-off last week was probably overdone. A slightly cooler-than-anticipated inflation data on Thursday put the greenback in a tailspin, with the dollar index slipping 4% for the week, its worst week in more than two and half years. The dollar index, which gauges the greenback against a basket of six counterparts that includes the yen, euro and sterling, rose 0.234% to 106.960 during Asian trade on Monday, coming off the nearly three month low of 106.27 it touched on Friday. Global equities, meanwhile, soared as investors poured into risky assets on hopes that peaking inflation means less aggressive rate hikes from the Fed. But Waller said on Sunday that the inflation print last week was "just one data point" that would have to be followed, and h other similar readings would be needed to show convincingly that inflation was slowing. Waller did add, however, that the Fed could now start thinking about hiking at a slower pace. "I think the market got a little bit ahead of itself," said Carol Kong, a currency strategist at Commonwealth Bank of Australia (OTC:CMWAY), adding the market can expect more reality checks from Fed officials, which would help the dollar to recoup more ground. U.S. inflation will likely remain high and keep the Fed on its monetary tightening path, Kong said. U.S. consumer sentiment fell in November, pulled down by persistent worries about inflation and higher borrowing costs, a survey showed on Friday. Sim Moh Siong, currency strategist at Bank of Singapore said the Fed's job was still not done and the central bank is unlikely to want the equity market to rally too much or bond yields to come off too much. "If the financial markets get too buoyant, they will probably growl louder to make themselves heard in terms of their inflation message." The U.S two-year yield, which reflects rate move expectations, edged up to 4.41%, after diving as low as 4.29% on Friday, while the U.S. 10-year yield was up 7 basis points at 3.899%. Elsewhere, cryptocurrencies remained under pressure from ongoing turmoil after the fall of crypto exchange FTX. FTX's native token, FTT, was last down 7.6% at $1.31, taking its month-to-date losses to nearly 95%. Bitcoin fell 2.2% slipping below $16,000. Sterling was swaying at $1.1747, down 0.74% on the day, having risen 4% in the previous two sessions ahead of the Autumn Statement on Thursday when Britain's finance minister Jeremy Hunt is expected to set out tax rises and spending cuts. The Japanese yen weakened 0.60% versus the greenback at 139.63 per dollar, while the euro was down 0.47% to $1.0303. The risk-sensitive Australian and New Zealand dollars slipped, giving up some gains made after China moderated its zero COVID strategy. On Sunday, Reuters reported that Chinese regulators have told financial institutions to extend more support to property developers to shore up the struggling real estate sector. China's yuan rose to a near two-month high against the dollar on Monday, after the central bank lifted its official guidance fixing by the most since 2005 when Beijing abandoned the currency's decade-old peg against the greenback. ======================================================== Currency bid prices at 0147 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0328 $1.0347 -0.18% -9.15% +1.0368 +1.0315 Dollar/Yen 139.1150 138.7350 +0.28% +20.96% +139.7300 +138.9200 Euro/Yen 143.68 143.69 -0.01% +10.25% +144.3640 +143.5900 Dollar/Swiss 0.9442 0.9413 +0.33% +3.54% +0.9448 +0.9425 Sterling/Dollar 1.1792 1.1835 -0.39% -12.83% +1.1852 +1.1767 Dollar/Canadian 1.3258 1.3251 +0.06% +4.87% +1.3308 +1.3240 Aussie/Dollar 0.6689 0.6707 -0.30% -8.01% +0.6720 +0.6668 NZ 0.6101 0.6121 -0.37% -10.91% +0.6127 +0.6070 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ
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The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, with more than 20 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. The company has hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, the company gives new life to pieces by thousands of brands across numerous categories-including women's and men's fashion, fine jewelry and watches, art and home-in support of the circular economy. The company makes selling effortless with free virtual appointments, in-home pickup, drop-off and direct shipping. The RealReal does all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as handling shipping and customer service. At its 13 retail locations, including its eight shoppable stores, customers can sell, meet with its experts and receive free valuations.
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