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U.S ECONOMY IN A SLOW RUN TODAY: HERE ARE SOME HIGHLIGHTS

There has been a pressure on U.S. Dollar from global markets. Bond yields are dropping lower and puts more burden on the currency value. While jobs growth seemed decent in March after below par performance in the previous month, lower wage becomes the hurdle on dollar’s growth. The declined wage becomes a disappointment. The U.S. 10 year yield is 5 basis points back now after Friday’s high and is now back to 2.50% again. Trade talks between U.S. and China is not showing a good response as it is going well but without a clear view of the final decision US President Donald Trump will make and it could be an excuse to take a step back on risk. The final decision on trade talks could prove out to me more disastrous in the global market. Yen and gold both are gaining and equities futures are off the table. UK politicians will continue to find a good way in Brexit deal. Furthermore some fluctuations have been noticed in dollar-rupee value today. The dollar gained by 45 paisa against Rupee in Indian markets today.