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Strict Standards: Non-static method EasyBlogHelper::strip_only() should not be called statically in /home/stevemiley/public_html/components/com_easyblog/helpers/helper.php on line 1274

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Strict Standards: Non-static method EasyBlogHelper::strip_only() should not be called statically in /home/stevemiley/public_html/components/com_easyblog/helpers/helper.php on line 1274

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Posted by on in Miscellaneous

 

Today (Wednesday 16th April 2014) the spotlight turns to the release of the Federal Reserve’s Beige Book survey, that should highlight the health of the recovery and regional economic conditions. This will likely have consequences for the US Dollar, US Treasuries and the S&P 500.

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A more significant “risk off” shift early late last week with global equity averages surrendering supports

 

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A modest “risk off” shift early this week after Friday’s US Employment data report

 

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We see risks of USDJPY higher, a bullish extension for the S&P 500 and a negative bias for the US 10yr through today’s US Employment data report

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We see a bear risk set up into the ECB for EURUSD

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