June 22 (Bloomberg) -- China's shares fell the most in almost three weeks on speculation the government will raise interest rates to tame a stock-market boom and cool the economy.
June 22 (Bloomberg) -- German business confidence fell more than economists forecast in June after a rebound in oil prices and higher borrowing costs raised concern growth in Europe's largest economy may have peaked.
These two events are giving US futures a pretty serious hit. No follow-through on yesterday's ralyl would be a negative. YM loses weekly pivot, NQ still above it. Bonds have a slight bid and oil is down.
June 22 (Bloomberg) -- German business confidence fell more than economists forecast in June after a rebound in oil prices and higher borrowing costs raised concern growth in Europe's largest economy may have peaked.
These two events are giving US futures a pretty serious hit. No follow-through on yesterday's ralyl would be a negative. YM loses weekly pivot, NQ still above it. Bonds have a slight bid and oil is down.
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