JPY and CAD likely to move sideways over the near term, before recovering later this year – HSBC

Economists at HSBC expect both the Japanese Yen (JPY) and the Canadian Dollar (CAD) to trade sideways, followed by modest strength.
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Oil rally stalls near $80 as US readies sanctions against Venezuela

Oil prices are seeing a pickup in volatility on Wednesday, jumping towards the $80 psychological level, as the US said it stands ready to issue new sanctions against the Venezuelan Oil industry.
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