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Capital Markets: “Gold, Oil, and Interest Rates Rise”

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Author: climateer
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From Marc Chandler at Bannockburn Global Forex:Overview:  The market put more weight on the rise in the US ISM manufacturing survey than the downward revision to the manufacturing PMI and the unexpected back-to-back decline in construction spending. US rates shot up and lifted the greenback. The Dollar Index made a new high for the year, a little above 105, which had been anticipated by the
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