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17 HOURS AGO - Zero Hedge

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A Look at the Condition of Prices that will Absorb the Greek Referendum Results

It is difficult to make much sense of the short-term price action in the foreign exchange market based spurred by this or that headline about Greece.   On the week, the euro lost about 0.6% against the dollar but outperformed the other major currencies save the yen. The yen gained nearly 1% against the dollar, the only major currency to ...

Tags: A Look at the Condition of Prices that will Absorb the Greek Referendum Results,  Futures Latest News

JUL 03, 2015 - Safehaven.com

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SILVER: 5 Price Targets and Only 1 to the Upside

Still mired within a multi-year bear market quandary of nefarious financial rigging via the futures markets, it's difficult to know just when Silver will touch down at a final bottom.

Tags: SILVER: 5 Price Targets and Only 1 to the Upside,  Futures Latest News

JUL 03, 2015 - Zero Hedge

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US Equity Futures Give Up Early Gains, Nasdaq Biggest Loser

On what is obviously a quiet day, with US cash markets closed, US equity futures drifted quite notably weaker from overnight highs. Aside from total chaos in the last second of trading today, Nasdaq futures were down 0.3% (having been up over 0.2% at Europe opened) and The Dow dropped 80 from the highs. It appears the machines forgot it ...

Tags: US Equity Futures Give Up Early Gains, Nasdaq Biggest Loser,  Futures Latest News

JUL 03, 2015 - Zero Hedge

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Crude Carnage Continues - WTI Hits $55 Handle, Brent Tests $60

Trading at its lowest since early April, WTI Crude has re-tumbled again today to a $55 handle as Greferendum deleveraging and Iran chatter send futures down 2.5%... Brent crude neared a break below the crucial $60 level in early trading.  

Tags: Crude Carnage Continues - WTI Hits $55 Handle, Brent Tests $60,  Futures Latest News

JUL 03, 2015 - FT Alphaville

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This is nuts: China blames the shorts

Chinese regulators have markets exactly backwards. Late on Thursday they announced an investigation into manipulation by short sellers, while the futures exchange seems to be discouraging people shorting, or betting on price falls. In practical terms, the action failed: stocks fell again, leaving them down 12 per cent on the week and down more than a quarter from their peak ...

Tags: This is nuts: China blames the shorts,  Futures Latest News