The Dollar strengthened against most currencies. The Initial Jobless Claims showed better than expected data, it came out 502K vs. expected 512K, fell to its lowest level since January. The US deficit grew to -176.4B an all-time high last month. The stock markets in US suffered losses and extended the risk aversion sentiment. The NASDAQ fell by 0.83% and the S&P 500 lost 1.03%, The Dow Jones declined by 0.91%. Gold (XAU) could not keep gaining and fell to 1103.40$ an ounce to close the day. Crude Oil also tumbled losing more than 3% closing at 76.7$ a barrel. Today, The Trade Balance index expected at -32B vs. -30.7B previously. The Import Price Index expected at 1.1% vs. 0.1% previously. The Michigan Consumer Sentiment Index expected at 71.2 vs. 70.6 previously.
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