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US June Durable Goods: More than meets the eye

Responses to the Durable Goods results were limited with the Fed meeting on Wednesday dominating market considerations.  Equities were slightly lower, with the S&P 500 losing 0.47%, the Dow shedding 0.24% and the NASDAQ taking the largest hit,1.2% related to China’s crackdown on some of its largest tech firms.  Treasury yields fell due to the expected continuation of the Fed’s easy money policy and the lack of new information on the prospects for a tapering of the bond program.  The dollar was mixed, gaining against the euro, sterling, Australian, New Zealand and Canadian dollars but falling versus the Japanese yen and Swiss Franc. 

Sell-off in China continued for 3rd session weighing upon global sentiment

Sell-off in China continued for 3rd session weighing upon global sentiment
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

German IFO survey shows economy is picking up speed

German IFO survey shows economy is picking up speed
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

Bostic floats 2022 keeping it in play, indexes at all time highs

Bostic floats 2022 keeping it in play, indexes at all time highs
fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.

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