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#Wall Street
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Stocks end 4-day win streak

The 4-day winning streak on Wall street ended, while the euro dropped back from a 2-week high after more bomings in Ukraine unsettled hopes for a peace agreeement.

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USD/TRY slides after giant rate hike

The lira was the big FX mover after the Turkish central bank raised interest rates to a massive 15%. News that the Oxford vaccine is safe and effective alongside the resumption of stimulus talks lifted stocks on Wall Street.

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Bitcoin rally picks up steam

Bitcoin has rallied another $800 from yesterday’s break of $12,000. The British pound hit a monthly high, rallying 200 pips after trade talks resumed. Tesla reported a 5th consecutive quarterly profit after the close of another soft day in equity markets.

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U.S. oil output rises 1.7% June to highest since April 2020

U.S. crude oil production rose in June by 1.7% to its highest since April 2020, according to a monthly report from the U.S. Energy Information Administration on Wednesday.

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Record US Coronavirus cases

Good Morning. It’s the last full trading week before the US election. EUR/USD is at its highest in 7 weeks. Wall Street closed lower last week while stocks in Hong Kong rose to the highest since Sept 3.

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Wall Street pushes stocks down, dollar up on Fed hike fears

U.S. stocks fell and the dollar rose on Friday even as Treasury yields gained, with traders weighing additional interest rate hikes from the Federal Reserve to combat inflation.