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Ramblin’ Gamblin’ Man
US equities retained the negative tone seen during the European session and have been unable to trade in positive territory amid concerns over the prospects for US tax reform.Stronger US retail sales only provided a temporary boost to the USD and UST yields while the Euro came under pressure after the ECB forecasts for inflation underwhelmed. The AUD has retained its post-employment gains, but CAD is the big G10 mover following hawkish comments from BoC governor Poloz. Poloz also weighed in on the Crypto-currencies debate, noting that buying Bitcoin is more gambling than investing. US Tech stock were initially ... (full story)