Original post:
Gold Prices Climb to Above $1,500 Again; Traders Eye Sino-U.S. Trade Developments
Author: AsaLynequhcjso
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Rebound in Crude Oil Prices Sent Equities Higher
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