Headlines discussed at LNWM’s Monday morning briefing:
— Japan’s central bank will become largest shareholder of 55 Japanese companies by end of 2017.
— Retail sales in Britain rose a strong 1.4% in July (from June), defying post-Brexit concerns.
— Weekly US jobless claims have been low (under 300,000) for nearly 1.5 years, a record.
— The Federal Reserve hinted it may raise interest rates this fall, driving up US dollar.
— Oil prices are up 25% in the past two weeks, on speculation of OPEC production freeze.
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