IX Intel - Research
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Despite a larger than expected rate hike by the ECB, the EUR has been unable to break decisively higher. Reaction to core/peripheral yield spreads will be key.
It may be a quieter week on the economic calendar but US CPI inflation looms large. We consider the outlook for major markets in the days ahead.
After positive sentiment swept across Wall Street into the close, there are hints of a near term unwind to USD strength and a rebound in indices.
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