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US stocks post first weekly gain of the year

FXStreet (Córdoba) - US stocks rose sharply on Friday and posted the first weekly gain of 2016, as oil prices gained more than 9 while investors cheered up signs of further easing from the ECB and the BoJ.

The DJIA gained 211 points, or 1.33%, at 16,093. The S&P added 38 points, or 2.03%, to end at 1,906. The Nasdaq climbed 119 points, or 2.66%, to 4,591.

For the week, the Dow rose 0.7%, the S&P advanced 1.4% and the Nasdaq Composite gained 2.3%.

How will the Fed and BoJ react to the global risks? - Commerzbank

In the coming week, the focus will be on the Fed and the Bank of Japan. According to Thu Lan Nguyen, analyst at Commerzbank Amid the global risks, both are likely to adopt a waiting stance at their monetary policy meetings. “As speculation about further monetary easing in Japan has grown recently, the JPY should profit from this”.
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Central Banks in focus again, RBNZ, BoJ & FOMC

This is a key week for the FXSpace with a number of Central Banks taking the focus again given the opening turmoil for 2016 and it taking a number of weeks for some form of return to stability, specifically with the yuan and a subsequent return of risk in an otherwise relatively event free calendar for the last number of sessions.
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