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Risk Appetite Subdued Ahead Of US GDP- USD

Discussion in 'Forex Broker Discussion' started by honeyks, Jul 31, 2010.

  1. honeyks

    honeyks New Member

    Feb 26, 2010
    Likes Received:
    Asia Pacific markets were lower after a lackluster performance in US equities saw the Dow, the S&P, and the Nasdaq fall by .3%, .4%, and .6% respectively. Disappointing topline revenues and softer guidance reports weighed on sentiment one day before the US is set to release Q2 GDP figures. Remarks made by Federal Reserve Bank of St. Louis President James Bullard also helped subdue risk appetite after he suggested that the US is moving closer to Japanese-style deflation and may need additional quantitative easing measures. The Hang Seng index, the Shanghai SE composite, and the S&P/ASX 200 index were off by

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