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MacroVoices #361 Alex Gurevich: Jay Powell says, “Effects of tightening not yet felt.” Alex says, “No shit, Jay.”
Macro Voices
The Bullish Angle on Crude Oil
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Gold has not pulled back at any stage, continues to get a tailwind from the weakening dollar. The way that gold consolidates from there will be the real tell as to whether or not fresh 52 week highs are imminent. Crude oil was progressing off of its lows and a couple of solid pushes higher but it hasn't been able to get back into those key trade ranges. 10 year treasury futures trying to bullishably break out after FOMC.
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