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Monday morning's headlines spoke of the US and Iran exchanging strikes for the first time since July while Russia warn's of “massive strikes”. I guess “Strikes” is the word of the day.
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Meanwhile, debated continued over Fed Chairman Warsh's comments from Jackson Hole last week, initially taken as hawkish but spun by some as dovish.
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While Energies rallied overnight, Metals and Grains were mostly lower to start this last day of August.
