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US equity futures off the boil after US PPI release as Yen gains - check out the Dow Jones
In noting the various reactions across the markets, the USD/JPY has now fallen back further, but the price action remains as precarious and rapid as ever. The dollar has just hit a new session low at 141.97. At the same time the US equity market futures have fallen back and seemingly taken a negative reaction to the data, but the pull back in the gains today might not be connected. Ether way the US markets are still set to open higher, but not as much as earlier on. The Dow Jones was priced to reopen above 41k earlier. It is just now priced to reopened close to 40,900
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US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
