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Flash: There was a large disconnect among the equity markets open today - BBH

FXstreet.com (Barcelona) - Brown Brothers Harriman analysts note that European equity markets are mostly higher on the day but there was a large disconnect between markets at the open this morning.

They see that the price action was in part attributed to supportive comments by Premier Li Keqiang during his trip to Germany, calling the EU problems “temporary.” However, they add that the Premier also warned about intensifying trade disputes with Europe, especially those relating to Chinese-made solar panels and telecommunication equipment.

USD/CHF erases losses to trade flat

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Flash: EUR/JPY remains bullish above 125.00 – Commerzbank

The cross is meandering around 130.40 and 130.80 on Monday, reflecting the lack of direction prevailing in the markets, as there is no activity in the UK and the US...
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