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There have been a number of reactions to all the US data just released and the most obvious of those has been a slight, possible overreaction to the downside on the dollar. However, that is coming as those US yields edge a little lower again. The 2 Year note is not at 4.94% and that has helped to lift gold to session highs- more on that in a minute. Meantime, the slightly lower Core PCE prices in Q1 have helped to push the US stock futures a little higher. That is most likely for the same reason- lower yields. The Dow Jones future is now close to European session highs, as it pushed above 38,125
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
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