Morning Call: Nasdaq 100 corrects
Senior Editor, Saxo Bank
Summary: In today's edition of the Saxo Morning Call, we look at how the US' leading tech equity index has been knocked back by a mix of Iran worries, the US charges against some Chinese banks and the fact we're hitting the end of the quarter. Gold, too, has fallen off its perch over St Louis Fed president James Bullard's remark that a 50bps rate cut "would be excessive".
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