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Market Sentiment Remains Cautious - Action Forex

Chinese growth worries lingered into the session and overshadowed strong US retail sales data. Equities were pulled -1% lower in Europe and US in a risk-off session. All sectors were lower but value cyclicals suffered the most; such as banks, materials or energy. The latter with a clear connection to China worries. The underperformance of banks related to cautious comments from Fitch on the sector's credit rating. Little distinction between small caps or large caps, value or growth. VIX rose to 16.5 which is a low level but the highest obtained since summer. US futures are unchanged this morning. ....

United Kingdom , New Zealand , Wallenius Wilhelmsen , Sparebanken Sogn Fjordane , Amazon Prime Day , Reserve Bank , Official Cash Rate , Sparebanken Sogn ,

Norwegian lenders raise interest rates after central bank hike

Norwegian lenders raise interest rates after central bank hike
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Ingjerd Blekeli Spiten , Aleksander Dahl , Norge Bank , Danske Bank , Danske Bank Norge , Norges Bank , Sparebanken Sogn , Blekeli Spiten ,