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Federal-Reserve-Interest-Hike

Economic Data Supports Interest Rate Hike

Private sector job growth severely beat estimates, sending the dollar higher against its international counterparts as the stronger the economy is (with job growth being a leading indicator), the more likely the US Federal Reserve is to continue raising the federal funds interest rate.

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Treasuries and Gold Surge

Amid political risk in Europe and the rest of the global landscape, US treasuries yields hit their lowest level in several weeks and gold hit a three-month peak as investors wait for political risk to evaporate.

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