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Dow Jones Retreats after US Inflation Data, Hang Seng May Pull Back


Dow Jones Retreats after US Inflation Data, Hang Seng May Pull Back
of clients are net short.
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of clients are net short.
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of clients are net short.
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DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:
The tech sector outperformed cyclical ones as strong inflation readings reignite tapering fears
Hong Kong’s Hang Seng Index may retreat after surging 1.63% on Tuesday
Dow Pullback, US Core CPI, Earnings Season, Tencent, Asia-Pacific at Open:
The Dow Jones Industrial Average pulled back from record levels on Tuesday as US core CPI reading surpassed market expectations. June’s figure came in at 4.5% YoY, compared to a 4.0% forecast. This also marks the highest core inflation reading since 1992, underscoring mounting price pressures that may prompt Fed off ....

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