(as of 7:05 AM PST)
An interest rate cut by the European Bank (ECB) has awakened traders this morning after a very dull start to the month of September. Markets are up across the board as solid economic data for the US has also perked up investors. The US trade deficit came in less than expected while jobless claims rose a small amount, The ISM services index hit its highest level since 2008 coming in above expectations and confirming that the US economic recovery is picking up speed. Gold is up slightly while oil continues its downward trend as supplies seem plentiful and international tensions are reduced. It looks like a good day shaping up.
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