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From the Floor: 'More evidence of strong momentum' — #SaxoStrats
The Chicago Fed's national activity index tracks 85 aspects of the US economy and currently sits at a three-year high, lending a real degree of legitimacy to the current outperformance in stocks, says Saxo equities head Peter Garnry.
• Flattening US yield curve sends USDJPY lower
• Equities surge matched by strong macro data
• WTI-to-Brent crude spread narrowing: Hansen
• Financial conditions supportive of high-yield bonds
• Hang Seng likely headed for year-end rally: Garnry
12:07 minutes
Tags: commodities, equities, fixed income, forex, from the floor, fx, home.saxo, morning call, saxotrader, saxotradergo, tradingfloor.com
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