-The $ is .245 off its high—the 10 yr note is only down 11/64ths–these numbers offer a straw or two to grasp for a turn back up today or tomorrow
Easy money policy around the world is still intact–ditto the FED–remember the change in FED policy to easing was the alibi that got the long-delayed gold rally in gear–now, suddenly, that doesn’t matter–so gold traders have to be on alert
NEWS OUT TODAY=
BERLIN, July 1 (Reuters) – Activity in Germany’s export-dependent manufacturing sector contracted in June for the sixth time in a row, a survey showed on Monday, as weaker demand weighed on new orders and led to a fall in employment.
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China Slumps Into Full-Blown Manufacturing Contraction Following “Awful” Asian PMI Prints
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