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The US equity futures are all still in the red this morning, as the European markets get underway and the DAX steps back from a higher opening. That was always likely and inferred in the previous update too. As noted earlier today, the Nasdaq 100 was not the best performing US index yesterday. In fact, it was the worst and only barely managed a higher close after setting a new record high, at 22,222. The index had earlier reopened lower, at 22,121, down from a prior record close at 22,164. The index later closed just 10.99 points higher, at 22,175.60. Nevertheless, that was still a new record close for the Nasdaq last night. However, the futures are lower this morning and right now pricing the opening at around 22,090
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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