The U.S. dollar popped up strong and proud today beating back gold traders who tried in regular trading to move the yellow precious metal off its current down trend.
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Will Greece default or not? That has been the question. But it grows less relevant by the day as U.S. and European equities shrug off the minor gravitational blip created by the little country dangling off the south of the continent.
For a variety of factors, westerners tend to view China’s rise to the top as inevitable. However, this certainly isn’t so when looking at the world’s supposedly second-largest economy. Today saw the Shanghai and CSI indexes plunge more than 6% each.
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