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Commodities and Currencies Update 15 July 2015

Aaron Lynch 15 Jul, 2015
Gains on global markets greets the local market this morning as we see the US and Europe broadly higher. The challenge still remains the headline drivers of China and Greece added to the deal with Iran. Commodities were stronger in energies and softs, however, precious metals remain sideways and lack lustre.
 
The Aussie dollar is moving higher again with the Euro against the USD respecting the 1.10 support level. 
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Commodities and Currencies Update 14 July 2015

Aaron Lynch 14 Jul, 2015
A Greek resolution has been agreed but will still need to pass the parliament. These measures outlined last night will likely rub the Greek people the wrong way as less than 2 weeks they voted down similar proposals. Commodities remain mixed and Asian markets were well supported yesterday, so all eyes turn to the local market as we should see a strong bounce on open.

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