Wall Street and crude oil prices both rebounded. We view the recovery in the latter had helped lift the former. Concerns over capital outflow in China eased a tad with PBOC fixing the USDCNY rate at around 6.56 for the 6th consecutive day, whilst comments from St Louis Fed President James Bullard should have helped risk sentiment.
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Rebound in Crude Oil Prices Sent Equities Higher
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