Positive price momentum is in short supply these days among the major asset classes. Is that a bearish signal? Well, let’s put it this way: the current technical profile doesn’t inspire a lot of confidence about the near-term outlook for asset prices.
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● Rise in US payrolls in July suggest a Sep rate hike
● US consumer credit in June posts bigger-than-expected gain
● Eurozone investor confidence declines in August
● China’s stock market jumps on stimulus hopes
● Japan July Economy Watchers’ Current Index ticks up for July
● Bank of France expects slow but steady growth for France