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<p>Houthis fired an anti-ship cruise missile at the USS Laboon.</p><ul><li>the US Navy vessel was in the Red Sea. </li></ul><p> The missile was shot down by US fighter aircraft near the coast of Yemen with no harm done to Laboon or the aircraft. </p><p>Its difficult to see the Houthis stopping t

<p> US Senate Democratic leader Schumer </p><ul><li>Says congressional leaders agree to a stopgap funding measure</li><li>New bipartisan stopgap measure would fund some gov't agencies through March 1, others through March 8 </li><li>Stopgap bill aims to avert partial US gov't shutdown before

<p>Australia's privately surveyed monthly inflation gauge comes from the Melbourne Institute of Applied Economic &amp; Social Research at the University of Melbourne:</p><ul><li>Headline inflation jumped 1% m/m in December, from 0.3% in November </li><li>This is the biggest leap higher in 17 months</l

<p>Taiwan's Presidential election was held over the weekend. William Lai, of the pro-sovereignty Democratic Progressive Party (DPP) has been elected President. The party has governed Taiwan for the past eight years. This will be its third consecutive presidential term.</p><ul><li>Lai won 40% of the vote</li><li

<p>Headlines:</p><ul><li><a href="https://www.forexlive.com/news/dollar-firms-to-start-the-new-week-20240115/">Dollar firms to start the new week</a></li><li><a href="https://www.forexlive.com/centralbank/ecbs-nagel-it-is-too-early-to-talk-about-rate-cuts-20240115/">ECB'

<ul><li>Rate cut expectations are optimistic</li><li>Geopolitical developments pose a risk to prices outlook</li><li>Does not see a real recession coming to the Eurozone</li></ul><p>They are really trying to push back hard against the current market pricing. Holzmann's comments add to the o

<p>Short Gold – A High 5 to 1 Reward/Risk Swing Trade</p><p>Gold Futures Trade Idea

<p>Is it only a matter of time before a bigger technical move comes along for EUR/USD? There is a definitely an argument for that when you look at the chart at least. Here's how things are playing out on the daily chart:</p><p>The pair has been moving in a consolidation phase since the drop back below […]

<p>There is no particular headline driving the move but at the same time, risk appetite looks to be sapped after a mildly positive open earlier. European indices are now down around 0.1% to 0.3% with bond yields sitting a little higher on the day. The early flows are translating to a positive start for the […]

<ul><li>Prior -0.7%</li></ul><p>The reading matches estimates with the breakdown as per the following:</p><ul><li>Durable consumer goods -2.0%</li><li>Capital goods -0.8%</li><li>Intermediate goods -0.6%</li><li>Energy +0.9%</li><li>Non-durable consumer