Financial Trading
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After yesterday’s cautious moves as market participants worried over the geopolitical implications of Nancy Pelosi’s visit to Taiwan, markets have settled this morning. The prevailing trends of recent weeks are resuming.
A raft of CPI data for major economies keeps the focus on inflation this week. This promises to guide central banks for their next monetary policy meetings in the coming weeks. Traders will need to be alert.
The Bank of England stepping in to stabilise the UK Gilt market has restricted systemic risk and the risk of contagion. However, the risk of escalation remains.
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