Equities Expected to Open Higher as Appetite for Risk Returns

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Equities Expected to Open Higher as Appetite for Risk Returns

U.S. equity markets are trading higher which should lead to a better opening this morning. Demand for risk has returned to the markets, driven by a sharply lower Dollar. Treasury futures are trading lower but losses so far have been limited. Yesterday’s 5-Year Note auction was received positively by traders but overnight strength in equities and gold are helping to keep downside pressure on December Treasury Bonds and December Treasury Notes. The decline could increase depending on how high speculators take the equity markets Full Story

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forexhound

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Submitted Nov 25, 2009 9:06am

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