There was a little less enthusiasm to go around today after yesterday's 41st record close for the year, with stark underperformance by the Russell and volumes that remained paltry. Without any real domestic news to ponder (new home sales weren’t narrative shifting), it was the international headlines overnight that had the most impact on the sentiment, delivering a dash of dovishness – Chinese and Swedish rate cuts and a hard slowdown in Australia’s CPI. Treasuries and Brent both saw some profi…
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