The recent figures comment
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The recent figures released for the US Economy were horrible for both equities and fixed income, The housing starts were quite weak, but building permits are completely falling off a cliff. Although the CPI figures were generally in line with expectation (except the important CORE CPI MOM at 0.3%), they are now at rather elevated levels.
This Should be considered USD Bullish.
Markets waits for Bernakes Speech regarding the datas, and signs.
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