- China's aggressive campaign has exploded on the international stage to become a major market force.
- Investors are continuing to try to make sense of Beijing's aggressive moves that appear to be a broad offensive that can only result in a slowing if not reversing of past efforts to integrate into global capital markets.
- Following Monday's unexpected decline in June's new home sales (-6.6%) and a downward revision to the May series (-7.8% rather than -5.9%), the US reported weaker than expected June durable goods orders, mitigated in part by the upward revisions to the May data.
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Fed Day