Last week the euro shorts were "lightly smoked" as the euro rose in the face of a large decline in short contracts. The euro is extremely weak and buying, when it occurs, is mostly short covering. This snapshot from July 3 shows the euro just before it breaks to new 2-year lows.
Construction sector drives jump in insolvencies
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New data from the Australian Securities & Investments Commission (ASIC)
shows a big jump in external administrations in March, with 7,742 firms
going und...
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