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The US futures were all leaking lower heading into the US March PCE report. Since that release they have all bounced again and that has seen the Nasdaq 100 future rebound from below 17,600, to above 17,650. The first fully priced cut from the Fed is now skewed towards December and this data, despite not being as high as feared has done little to shift that outlook. The US futures are now paring back their immediate bounce on the report, but overall, not too much has changed for stocks and the dollar. The opening outlook remains positive for now, but this is a very fluid market this afternoon and it remains to be seen just how this will all play out when live stock trading resumes in around one hour. The Nasdaq 100 is just now priced to reopen at around 17,625
We have seen decent earnings reports from UPS and GM just now and whilst both have beaten forecasts on the top and the bottom line, they have both...
As covered here earlier, the Dow Jones was the best performing major US stock market yesterday and right now it looks like being the best on the...
Since the European opening this morning the USD/JPY has been edging higher and just now it reached a session high at 142.76. That rise has sent both...
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