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Fed's Daly: Good chance Fed won't raise interest rates in 2019 - The Wall Street Journal

In an interview with The Wall Street Journal, the new president of the Federal Reserve Bank of San Francisco, Mary Daly, argued that the Fed may not need to raise rates in 2019.

"If the economy evolves as I just said I expect it to - 2% growth, 1.9% inflation, no sense that [price pressures are] going up, no sense that we have any acceleration - then I think the case for a rate increase isn't there this year," Daly explained.

EUR/USD recovers above 1.13 as greenback loses strength

The EUR/USD pair slumped to its lowest level since mid-November at 1.1235 earlier in the day as the rising US T-bond yields boosted the demand for the
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Oil: Prices are undervalued given the current supply uncertainty - Rabobank

"The oil market is setting up for further gains this week after posting another series of higher highs and higher lows," argued Rabobank research team
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