SubscribeUS Session: Risk Assets Rally As US Data Disappoints
November 4th, 2009 • Related • Filed Under
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The remaining European PMI releases this morning offered little to get FX markets moving, and Eurozone PMI was right on expectations at -0.4% MoM in Sep (-7.7% YoY). The breakdown of the PPI data highlighted ongoing deflation in consumer and capital goods components, but failed to unnerve EUR bulls as the broader trend of USD-selling prevailed across all assets classes. Gold has subsequently… | ||||||||||||||||||||
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