New York Session
Month-end mayhem continued to dominate the NY trading price action in a session where inter-market correlations broke down. US equities dropped nearly -1% on the heels of the slip in global stock marts. Not even better than expected Chicago PMI data could bolster the market today. The report printed an above consensus 50 read for August, putting it right on the midpoint between growth and contraction. The details suggest the results were largely influenced by the government’s ”Cash for
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