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Disinflation, US election, tech influences should keep EUR/USD heavy

BUZZ-COMMENT-Disinflation, US election, tech influences should keep EUR/USD heavy Oct 21 (Reuters) - After nearing the 200-DMA Monday EUR/USD turned lower despite slightly tighter German-U.S. spreads US2DE2=RR as influences from German producer prices, U.S. elections polls and technicals presented downside risks to the euro. German producer prices fell more than estimated for September, which reinforced the ECB stating the disinflationary process is well on track last Thursday.
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Sterling caught between its 10-DMA and big-figure support at 1.30

BUZZ-COMMENT-Sterling caught between its 10-DMA and big-figure support at 1.30 Sterling continued to tread cautiously around 1.30, trading between its falling 10-DMA at 1.3052 and recent lows near 1.30, with upcoming BoE commentary and U.S. election betting likely to drive cable in the near term. Dollar-friendly Trump trades have been on the rise amid poll gains by former President Donald Trump.
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What matters now is that traders have covered shorts

BUZZ-COMMENT-What matters now is that traders have covered shorts Oct 21 (Reuters) - How traders are positioned is a crucial factor influencing the direction of currencies and what matters now is that traders have covered shorts, boosting the dollar's value ahead of series of interest rate cuts that may bring it back down. The big dollar short totalled over $17 billion when the Federal Reserve cut interest rates in September.
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BoC Preview - Upping the size of rate cuts

BUZZ-BoC Preview - Upping the size of rate cuts Oct 21 (Reuters) - The Bank of Canada is widely expected to step up the pace of easing by delivering a 50bp rate cut on Wednesday, taking the key rate to 3.75%. With a larger 50bp cut near enough a done deal judging by market pricing, however, the bigger focus for the Canadian dollar will be on the latest economic projections and guidance from the BoC on whether 50bps increments is the new norm.
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World stocks start week on back foot, but gold, bitcoin shine

GLOBAL MARKETS-World stocks start week on back foot, but gold, bitcoin shine World stocks flat, earnings in focus Gold at new record highs Trump trades briefly push bitcoin to highest since July Gold at record high, silver hits 12-year peak Updated at 1143 GMT By Medha Singh and Rae Wee LONDON Oct 21 (Reuters) - Global stocks kicked off the week on a the back foot on Monday, after strong gains last week, while increasing bets on Donald Trump winning the looming U.S.
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Strong U.S. economy and 'Trump trades' boost dollar

FOREX-Strong U.S. economy and 'Trump trades' boost dollar Updates at 1125 GMT By Vidya Ranganathan and Harry Robertson SINGAPORE/LONDON, Oct 21 (Reuters) - The dollar climbed on Monday and cryptocurrency bitcoin hit a three-month high as a rise in U.S. bond yields and the looming presidential election continued to impact markets. Currency moves last week were driven by the European Central Bank's dovish rate cut and strong U.S.
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Sterling dips as US dollar rides economy higher

Sterling dips as US dollar rides economy higher LONDON, Oct 21 (Reuters) - The pound fell on Monday as investors focused on the relative strength of the U.S. economy, pushing up the dollar. Sterling GBP=D3 was last down 0.2% at $1.3023, just above Thursday's two-month low of $1.2975. The euro EURGBP=D3 was up 0.1% at 83.35 pence, although it remained near its lowest level in 2-1/2 years against Britain's currency.
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Euro yields rise, German curve steepens, German gap around 3-1/2 month high

Euro yields rise, German curve steepens, US-German gap around 3-1/2 month high By Stefano Rebaudo Oct 21 (Reuters) - Euro zone government bond yields rose on Monday after dropping late last week as markets increased their bets on the European Central Bank monetary easing path. Investors are looking ahead to key economic data, including PMIs figures from both sides of the Atlantic on Thursday and the German business climate index on Friday.
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Tepid start to week for world stocks, but gold, bitcoin shine

GLOBAL MARKETS-Tepid start to week for world stocks, but gold, bitcoin shine World stocks flat, earnings in focus Gold at new record highs Trump trades briefly push bitcoin to highest since July Updates at 0809 GMT By Medha Singh and Rae Wee LONDON Oct 21 (Reuters) - Global stocks kicked off the week on a tepid note on Monday, after strong gains last week, while increasing bets on Donald Trump winning the looming U.S.
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Most EM currencies slip as dollar retains strength

EMERGING MARKETS-Most EM currencies slip as dollar retains strength Rate decision in Hungary on Tuesday Moody's upgrades Albania to 'Ba3' China cuts key lending rates to support growth EM stocks down 0.5%, FX off 0.1% By Shashwat Chauhan Oct 21 (Reuters) - Most emerging market currencies slipped on Monday, as the dollar remained firm with markets continuing to price in a greater chance of former U.S.
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Russian rouble slips vs yuan after hitting highest level since Oct.2

Russian rouble slips vs yuan after hitting highest level since Oct.2 MOSCOW, Oct 21 (Reuters) - The Russian rouble weakened slightly against the yuan on Monday after strengthening by 1.3% at the end of last week to the highest against the Chinese currency since Oct. 2. By 0830 GMT, the rouble RUB= was down CNYRUB= 0.7% at 13.46 against the yuan, and up 0.7% at 96.05 against the U.S.
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Strong U.S. economy and 'Trump trades' boost dollar

FOREX-Strong U.S. economy and 'Trump trades' boost dollar Updates at 0810 GMT By Vidya Ranganathan and Harry Robertson SINGAPORE/LONDON, Oct 21 (Reuters) - T he dollar climbed on Monday and c ryptocurrency bitcoin hit a three-month high a s a rise in U.S. bond yields and the looming Presidential election continued to impact markets. Currency moves last week were driven by the European Central Bank's dovish rate cut and strong U.S.
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Rise of safer assets may concern FX traders

REFILE-BUZZ-COMMENT-Rise of safer assets may concern FX traders Adds chart Oct 18 (Reuters) - The rise of safer assets may concern traders who might position for the risk aversion that gains for these assets implies. Gold, which has risen over $900/oz in the past year, certainly reflects heightened demand for an asset that has continued to rise even though the inflation that once supported it has dissipated.
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SAP sets the tone

LIVE MARKETS-SAP sets the tone Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SAP SETS THE TONE A look at the day ahead in European and global markets from Vidya Ranganathan Europe's heavyweight software maker SAP SAPG.DE reports third-quarter earnings today.
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Asia shares wobble while bitcoin and gold rally

GLOBAL MARKETS-Asia shares wobble while bitcoin and gold rally Updates at 0500 GMT By Rae Wee SINGAPORE, Oct 21 (Reuters) - Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Hong Kong stocks, but bitcoin BTC= scaled a three-month peak as "Trump trades" continued to ramp up. Gold XAU= hit another record high, as global uncertainty over conflict in the Middle East and an extremely close U.S.
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'Trump trade' and yields keep dollar supported

FOREX-'Trump trade' and yields keep dollar supported Updates prices By Vidya Ranganathan SINGAPORE, Oct 21 (Reuters) - Cryptocurrency bitcoin hit a three-month high in early trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks. Election polls that show rising odds of former President Donald Trump winning the Nov.
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SAP sets the tone

MORNING BID EUROPE-SAP sets the tone A look at the day ahead in European and global markets from Vidya Ranganathan Europe's heavyweight software maker SAP SAPG.DE reports third-quarter earnings today. The behemoth will set the tone for German and wider stock markets, since it comprises 15% of Deutsche Boerse's DAX index .GDAXI with a 261 billion euro ($284 billion) market value.
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Asia shares wobble; bitcoin rallies on 'Trump trade'

GLOBAL MARKETS-Asia shares wobble; bitcoin rallies on 'Trump trade' By Rae Wee SINGAPORE, Oct 21 (Reuters) - Asia shares dipped in and out of positive territory on Monday, under pressure from weakness in Chinese stocks, but bitcoin BTC= scaled a three-month peak as "Trump trades" continued to ramp up. Gold XAU= hit another record high on conflict in the Middle East and an extremely close U.S.
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Bitcoin at 3-month high as Trump odds drive currencies

FOREX-Bitcoin at 3-month high as Trump odds drive currencies SINGAPORE, Oct 21 (Reuters) - Cryptocurrency bitcoin hit a three-month high in early Asia trading on Monday and the dollar looked set to extend its gains in markets counting down to the U.S. presidential election in two weeks. Election polls show rising odds of former President Donald Trump winning the Nov.
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U.S. stocks post sixth straight weeks of gains, gold hits all-time high

GLOBAL MARKETS-U.S. stocks post sixth straight weeks of gains, gold hits all-time high All three major US stock indexes end higher Crude prices drop on worries about weaker demand Gold hits record $2,700 per ounce Netflix, Procter & Gamble post results Updates to U.S. market close By Stephen Culp NEW YORK, Oct 18 (Reuters) - Tech stocks powered Wall Street stocks to a higher close and crude prices posted their biggest weekly drop in a month on Friday as investors looked past mixed earnings and f
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