It was a ho hum sort of day, with limited eco data and no major earnings to report. China stole most headlines this morning as they continue to wade deeper into disinflation. China’s CPI and PPI decreased 0.3% and 4.4%, respectively, in July but limited reaction from markets make it seem like these moves are already priced in. Despite concerns over China’s economy, oil markets continue to push higher. WTI crude has made another 9m high and closed above $84 for the first time since November. EIA…
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