Negative territory at the official openings 8 Aug
- FTSE -0.1%
- DAX -0.1%
- CAC40 -0.2%
- FTMIB -0.1%
- IBEX -0.1%
In China the SCI closes up +0.1%, and CS1300 Index also up +0.1%
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European equity markets open softer 8 Aug
European equity markets open softer 8 Aug
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- The USDJPY is testing the high from last week
- Atlanta Fed GDPNow Q4 growth estimate remains at 3.1%
- Shameless plug. Attacking Currency Trends by Greg Michalowski. A bargain on Amazon
- HSBC still sees Fed rate cuts ahead, another 75bp next year. Higher stocks & USD also.
- Catch up - OPEC+ does not have "the bandwidth to prop prices much higher"
- Bitcoin price prediction - to cross up $100k
- UBS says the USD value is 'stretched', sell further strength and get into GBP and AUD
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