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22Sep2016 Pre-Market Commentary: Wall Street Hails Unchanged Interest Rate, Risk Off, But Crude Prices And Gold Rise, US Dollar Sinks, Indicators See Market Rebalancing Ahead

Thursday, September 22, 2016 6:26
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(Before It's News)

Written by Gary

U.S. stock index futures are set to open higher this morning (SPY +0.5%), with the Nasdaq on track to hit a historic high. The U.S. dollar sank to a one-week low yesterday after the Fed report, crude prices rose to a more than one-week high and Gold rose to a two-week high after the Fed’s kept interest rates unchanged and projected fewer interest rates hikes in coming years.

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