Daily Market Report

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Technical Analysis Daily Majors & Minors

Euro rallied higher to 1.3221 on short-covering at European open on Thursday. But

after european news coming out today at 10am – will this rally continue?

Quick Daily update

Shares in the struggling supermarket Tesco have fallen more than 8% after the group

cut its profit forecast and dividend.

Malaysia Airlines is to cut 6,000 staff as part of recovery plan after being hit by two

air disasters this year.

House prices edged up by 0.8% in August, according to the UK's biggest building

society, the Nationwide.

Daily News To Watch

Friday, 29th August 2014 Previous Forecast Actual

10:00am EUR CPI Flash Estimate y/y 0.4% 0.3%

13:30pm CAD GDP m/m 0.4% 0.3%

By Nikhil Pankhania

Senior Market Analyst & Trader

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