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Aug 11 at 03:20 AM
What I'm closely watching this week is Wednesday's CPI & Thursday's PPI, as these will indicate the direction of the next FED's meeting. With reports saying Iran and US still far off from reopening Strait of Hormuz, oil has started to spike upwards again. While this does not come as a surprise, it does mean that we are not in the clear just yet even though the market is at all time highs.
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