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Forex market reviews

08 August 2016

Media reviews

Fiona Chen

Stocks mostly higher as Street tries to extend jobs report rally (news: 08/08/16)

U.S. stocks traded slightly higher on Monday as investors further digested Friday's strong jobs report, kept an eye on oil prices and awaited retail data due later this week.
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Market sessions

Gabriel Ojimadu

Euro reviving after Friday’s weakening

The euro/dollar on Friday closed down. The USD strengthened on strong US labour market data. The amplitude of the price fluctuations was a full figure because of the news.
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Market sessions

Natalia Milchakova

Markets up; oil in pursuit

After over two weeks of oil falling, last week (from 2nd August) saw things turn around. The growth continued on Friday (5th August), albeit without much gusto: Brent nudged up 0.5%. Nevertheless, oil lifted above $44 per barrel (closing price on 5th August: $44.4 per barrel). On Monday morning Brent is continuing its rise, with Brent now sat at $44.4.
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05 August 2016

Media reviews

Fiona Chen

U.S. Trade Gap Widened in June Due to Import Surge (news: 05/08/16)

The trade gap grew 8.7% from a month earlier to a seasonally adjusted $44.5 billion, the widest in 10 months, the Commerce Department said Friday. Imports increased 1.9% while exports rose 0.3%.
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Market sessions

Vadim Josub

China pushes to develop petrochemical industry

China must update old and ineffective production capacity, optimise its industry structure and lessen pollution to increase its competitiveness in petrochemical industries. This is according to a directive from the Chinese state council.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
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Senior Alpari analyst

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