Macro Morning

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By Chris Becker

The release of FOMC Minutes indicating a more hawkish Fed has sent US stocks falling overnight, pulling down European issues and suggesting a tepid session in Asia today. The possibility of US intervention in Syria plus a rise in inventories sent oil prices down as other commodities came off the boil.

Yesterday, the Shanghai Composite raced out the gate closing up 1.5% to 3270 points as it tries to regain momentum following a stalled and tepid daily uptrend. The 3300 target remains elusive on the upside:

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