Waiting for the ECs Assessment of Greeces Deficit Cutting Plan

Just a day after the RBA mentioned China shift in policy as a rational for holding rates, Fitch Rating warned that banks in China faced the greatest “bubble risk” of any Asian country. This temporarily took the wind out of the risk-on tone, pushing the EURUSD down to 1.3946. However, markets were [...]

Just a day after the RBA mentioned China shift in policy as a rational for holding rates, Fitch Rating warned that banks in China faced the greatest “bubble risk” of any Asian country. This temporarily took the wind out of the risk-on tone, pushing the EURUSD down to 1.3946. However, markets were able to rally as Europe opened and traders prepared for an event and data filled day. Gold then broke…

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Translator
Markets
INDU 0.00    N/A
NASDAQ 2898.34    -7.32
S&P 500 1342.55    -2.35
^SSMI 6147.03    -6.28
^GDAXI 6764.83    -1.84
^FCHI 3405.27    -22.65
XAUUSD=X 1722.25    N/A
1970-01-01 00:00