Wall Street rallied for the first time in a week whilst US dollar rose against major currencies on upbeat economic indicators. Meanwhile, recent volatility in the financial markets is expected to delay Fed’s rate hike schedule. DJIA jumped+3.95% and S&P 500 index gained +3.9% at close. Elsewhere, the focus remained in China.
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Strong Dataflow but Diminished Rate Hike Hopes Buoyed US Market
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