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Tuesday, August 20, 2013

Headlines Today

  • GOLD breaks below 1373 so now may be some weak up to USD 1350 and that will work as support if breaks then again 1348/1340/1328/1321
  • Black clouds gather in Asian equity and currency market - total flows ready to go to USA.
  • USD all time low at 64.23 on MCX in India.
  • European stocks decline amid speculation of Fed tapering.
  • Asian stocks on course for biggest drop in two months.
  • Norway Krone slumps as GDP data revives rate bets: Oslo Mover.
  • Rupee drops to record on concern Fed tapering to spur outflows.
  • RBA signals rate cuts remain on table as currency important.
  • Fed finds 18 large banks weak in at least one capital area.
  • Payrolls rose in 32 U.S. states in July, led by California.
  • ECB guidance doesn’t rule out rate hike, Bundesbank say.
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