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Nasdaq 100, Treasury Yields, Gold, EURUSD and USDCNH Talking Points:
• Risk appetite slipped further this past session with the S&P 500 sitting on the threshold of a breakdown while the Nasdaq is below its own H&S neckline
• Fundamentally, yields are again a point of interest with US and European 10-year measures rising with gold offering a greater response than EURUSD
• Outside the ‘taper tantrum’ fears, retail excess and general growth expectations are contrasting themes battling for market influence
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