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European equities recover Wednesday

FXstreet.com (New York) - The European stock markets turned positive Wednesday, on day removed from a global sell-off in equities surrounding the BoJ.

Beginning with commodities, the prices of gold and silver are trading at session lows, trading more specifically at USD $1376.88 and $21.77 per oz. respectively. In addition, the price of crude is operating at USD $95.39/bbl Wednesday.

Moving to indices and composites, the EURO STOXX 50 rose +0.52% as it settles in region of 2697.10, up +13.90 points in these moments. In addition, the FTSE 100 moved higher Wednesday, operating at 6348.25 ascending -8.17 points or +0.13% at the time of writing. Finally, the DAX has strengthened recently as well, trading in the zone of 8231.89 presently +0.11% after a movement of +9.43 points.

Flash: China in trouble? – Deutsche Bank

According to Macro Strategy Analysts J. Reid and C. Tan at Deutsche Bank, “China (along with some other EM countries) has some serious issues in the upcoming quarters.”
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USD/JPY oscillating above March highs

The yen is supported at March highs while the move in the was more aboutthe global risk aversion that intensified again yesterday rather than disappointment with the BOJ’s unchanged monetary stance.
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