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Archived IMT (2009.08.13)

by Ashraf Laidi
Aug 13, 2009 23:22

Thursdays uninspiring US stocks session follows a very tumultuous Wednesday driven by the post FOMC fluctuations. What could have been a gloomy stocks reaction to the dismal US retail sales was offset by the technical end of Germanys recession. This seemed to have helped oil stabilize above $70. Fridays release of US July CPI and July industrial production will be chiefly influenced by the latter, expected +0.2% from -0.4%.

 
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