Macro Afternoon

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by Chris Becker

Chinese stocks were the only real movers today with a stronger Yen keeping the Nikkei down and a poor lead from commodities holding down the ASX200. After a strong Friday session, the Shanghai Composite is about to close around nearly 2.4% higher at 3122 points, making a near six month high:

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The Nikkei closed down 0.3% with Eurostoxx futures pointing to a 0.2% lift after the weekend gap

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