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Overnight, China reported disappointing export (-14.5% vs street -12.5%), and import (-12.4% vs street -5.0%), suggesting continued soft economic conditions and sending shockwaves through world markets. With investors reassessing their outlook for resource demand, commodities are getting hammered this morning,
US earnings season has been off to a strong start but that may be changing this morning with NASDAQ futures down 0.6% and Dow Futures up 0.1%. Up to this point, the earnings calendar had been dominated by the Financials
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