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+++ BREAKING NEWS +++

US Equities Set For Record Open On Crude Commentary, Stable Russian Ruble

ZeroHedge

Ther are two key events driving overnight risk prices: first, there is the Bloomberg story that “China Offers Russia Help With Currency Swap Suggestion“, which was previously covered extensively here a week ago, but now that the algos have official confirmation that China willback Russia, they have sent the Ruble shorts into a panic short squeeze, with the USDRUB tumbling another 6% as of latest.
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