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Awaiting the Fed’s decision

In the hours before the Federal Reserve’s rate statement a cautious mood has beset capital markets with equities, fixed income and currencies all putting in a mixed performance while traders focus in on the Fed for guidance.  Kicking off today’s session both the Nikkei and yen rebounded after earlier weakness as today’s retail trade data [&hellip

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US Durable goods orders improve

Consolidation continues to be the overarching theme witnessed in financial markets to begin the week, with all eyes on the Federal Reserve and Bank of Japan’s monetary policy decisions later in the week.  The yen has been the big mover in currency markets overnight, with investors weighing the potential outcomes from the BoJ and reducing [&hellip

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