The London session was characterized by USD strength against pretty much everything as economic data from across the pond surprised lower. European bourses have shed about -0.6% thus far and US futures are pointing to a similar negative open. Gold backed off - to 927/926 as dollar strength led to some selling of the precious metal here. Treasuries are up modestly with the 10-year yield shedding -2 basis points to 2.72% in early NY. Full text »
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