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On the SPOT™ blog (07/17/2023) [J..]

Writer: Salyl BhagwatSalyl Bhagwat

This morning (PST) all three major US indices are in the green. Economic data coming out of China was not good as it showed that its economy grew substantially slower in Q2 compared to Q1 and below estimates. Some traders speculate that this could result in some stimulus to get the economy growing. Earnings season has started so most of the focus will be on that and retail sales data this week.

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