Dow Jones is lingering above 18034 which was triple top broken last July. The support withheld meanwhile. Market is accessing companies earning report in 3rd quarter. Potential worries is rate hike on year end. Current bullish oil price is cushioning recent downfall.
Although Yellen has been playing down on specific timeline for next rate hike. US 10 years treasuries notes has been climbing. Signs are pointing that market positioning for next rate hike announcement.
Market Calendar on coming week:
(SG: Singapore; CH: China; UK: United Kingdom; US: USA)
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