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US Market Update: Dow -12 S&P -3 NASDAQ -20

US equity indices gained a bit in the premarket, but headed lower and slipped back into the red in another morning of lighter volume and little data. Comments from various high-profile figures are competing to set the tone this morning. Goldman ……, http://fxtraders.eu/rss/?mode=all

European Market Update: Continued ‘green shoots’ expectations lift equities, energy and metal markets; USD remains on the defensive ahead of weekend G8 summit

- Data, both official and rumored out of Asia provided a strong equity lift for pan-European markets. Specifically, continued speculation that China’s May industrial output will come in ahead of the +7.7% expectations, this time out of the Ming Pao ……, http://fxtraders.eu/rss/?mode=all

FX Trading – Is the dollar flowing down a river of hope?

We were very much warming to the idea that most of the bad news seemed to be in the dollar#8212;much of the key points posted above i.e. if we know it and you know it then it should already be in the price. …, http://fxtraders.eu/rss/?mode=all

KBC: CEE currencies extend gains on improved regional sentiment

The Czech koruna extended its rally week as the EUR/CZK as worries about Latvia#8217;s devaluation eased and sentiment in emerging markets improved further. On the other hand fresh fundamental figures (GDP details plus the May CPI) did not bring ……, http://fxtraders.eu/rss/?mode=all

Asian Market Update: Nikkei Rises to Fresh 8-month Highs Amid Broad Risk Appetite on Better China Industrial Output Rumors, Prospects of Another BOJ Economy Upgrade; AUD Outperforms as Australia Consumer Confidence Rises at Highest Rate in 22 Years

- Asian equity markets are trading unanimously higher entering the final hour of trading in Tokyo, with broad-based gains led by basic materials and energy sectors. The Nikkei225 rose 1.7%, hitting a fresh 8-month high coming out of midday break above 9,4…, http://fxtraders.eu/rss/?mode=all