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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider.
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CFDs and forex (FX) are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX, or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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Weekly Commodities Update

Global Market Quick Take: Asia – May 23, 2023

Macro 6 minutes to read
Saxo Be Invested
APAC Research

Summary:  Fed officials, particularly Bullard (non-voter), had a hawkish bent in their commentaries as markets awaited further talks between Biden and McCarthy on the debt ceiling. However, no agreement was reached but talks remained positive. Impending liquidity drainage risks however spells caution, and PMIs in US, UK and Europe in focus today amid deteriorating economic conditions. Treasury yields continued to surge higher and dollar was firm as JPY losses deepened. Metals were weaker led by iron ore on demand concerns from China’s construction sector.

Quarterly Outlook

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