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Nasdaq set for new records, yen and dollar hammered

Nasdaq set for new records, yen and dollar hammered

Global Market Insights - Forex, Futures, Stocks

July 6, 20203m 59s

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Investors start week in risk-taking mood, despite fading hopes of a V-shaped recovery. Global stocks cruise higher, led by China, as yen and dollar crumble. Positive mood could endure for now, especially if ‘weekend effect’ of lower US cases on Monday holds. Today: ISM non-manufacturing PMI, ahead of RBA meeting overnight.

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