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Yesterday the major US stock markets all limped home to a rather unimpressive and slightly lower close. In percentage terms the S+P 500 was the weakest , with a 0.20% decline, followed by the Dow Jones, with a loss of 0.16%. In relative terms the Nasdaq 100 performed best of all, with a 0.13% decline. So, as you can see, it was a consistent set of lower closes and one that did see a lack of momentum ahead of the monthly close on Thursday. However, the Dow Jones futures are a little higher this morning, currently pricing a reopening at around 35,370. The index closed 56 points lower last night, at 35,333. The Asian markets are mixed this morning, with losses in Japan and Hong Kong being offset by slight gains in mainland China amid a dearth of fresh news.
The dollar just got slapped and in truth probably due to comments from the Fed boss, Jerome Powell. So, as expected and warned about a few times today...
The dollar is losing some more ground right now and that has seen the EUR/USD push back above 1.1610. The GBP/USD is also close to session highs seen...
Those US data releases have just been released and it has been a mixed set of data. The Richmond Fed index improved to -7, but the nationwide consumer...
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