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Sentiment remains vulnerable to the China effect

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: We get US CPI today, forecast at a tepid -0.1% for headline CPI and +0.1% for the core CPI. Larry Summers is out on another self-promotion tour, with an article in Foreign Affairs magazine that he reprises in the FT today. He writes “I would put the odds of a US recession at about one-third over the next year and more than 50 per cent over the next two years.” Summers writes that world conditions are so bad that the Fed would have to step up its game—more QE, more forward guidance and

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