- New record highs in the US S&P 500 and NASDAQ coupled with China allowing Tencent to acquire a search engine helped lift Asia Pacific equities.
- Gold is holding above $1800 for the first session since June 16.
- The US reports June CPI figures today. It could be the first slippage in the year-over-year headline rate since last May.
- Ahead of German Chancellor Merkel's meeting in the US with President Biden later this week, two concessions were made that seem to help create a more constructive atmosphere.
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Headline U.S. CPI May Decline For The First Time In A Year