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S&P 500 Struggles To Breakout Above 3295
The S&P 500 index has maintained a low key status last week. Prices struggled to breakout above the 3295 highs from the week before. This sideways range could lead to a potential breakout in the near term.
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Weekly Fundamental Bulletin: Japan GDP, BoE & US Payrolls
Durable goods orders in the US rose by 7.3% in June, marking a sustained rebound after the plunge earlier this year.Economists hoped an increase of 7.2% for June, but data beat estimates by a small margin.
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The Week Ahead: Summer Sale
The US dollar’s weakness has helped both the Pound and the Euro to gain strength over the past few days. The Brexit noise is likely to stay subdued till talks resume in Sept. The focus is now on who would fare better in the midst of a second wave.
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Gold Hits Fresh All Time Highs On USD Collapse
The yellow metal has seen plenty of volatility this week. Price initially broke out to fresh all-time highs before reversing to end the week a little off those highs, as of writing.
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Amazon Sees Record Revenues Growth In Q2
Shares in US tech giant Amazon are trading 0.60% higher pre-market on Friday following a bumper Q2 earnings report yesterday.
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Q2 GDP Week: Germany, US, Mexico, Canada, EU
The markets are bracing for some significantly negative results for last quarter’s GDP. Although all the talk currently is about the recovery, how far economic activity dropped is an important factor.
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STOCKS I FOLLOW

DGII Digi International Inc.
FXA CurrencyShares Australian Dollar Trust
FXE Euro Currency Trust
FXY CurrencyShares Japanese Yen Trust
JNK SPDR Lehman High Yield Bond ETF
PSEM Pericom Semiconductor Corporation
UUP PowerShares DB US Dollar Index Bullish Fund

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