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Palladium jumps to record high of $1,500

Palladium is currently trading at a lifetime high of $1,500, having scored gains in the last four days on supply deficit. The metal has rallied 80 percent in the last six months.

Meanwhile, gold is currently trading at 10-month highs above $1,340, representing at 15 percent rise on the low of $1,160 reached in August 2018. 


 

Australia: Wages likely to keep RBA on the side-lines - TDS

Annette Beacher, chief Asia-Pacific macro strategist at TD Securities, notes that Australia’s December quarter Wage Price Index (WPI) expanded by +0.5
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Rabobank: No rate hikes coming from ECB in 2019-20

Rabobank research team has changed their view and now it is not expecting the ECB to hike in 2019 or 2020. Key Quotes “Even though we hold some hope
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