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Breakfast Bites - Liquidity still low

Germany bad news; China could sell $1T bonds

Author

Ayesha Tariq
August 27, 2024

Rise and shine everyone.

Markets are quiet after yesterday’s mixed pullback. The Dow surged but the Nasdaq pulled back about 1%. The headlines are all about Nvidia’s earnings on Wednesday. It’s like that event could make or break the market.

Over in Asia, the Nikkei was the only major index that closed higher this morning. Currencies are generally up against the USD, except for the Yen, which is down 0.3%, nearing the 145 mark.

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