The Australian dollar was the key gainers in the session on Wednesday, the promotion of almost 2.4% against the greenback, while the Canadian dollar confirmed by more than 1.5%. The U.S. equity markets posted strong gains, with the S & P 500 and Nasdaq rally racing higher by almost 3% and the Dow Jones than 2.5%. Crude oil also clawed higher, climbing just shy of $ 74 to improve per barrel by 2.75%. The economic reports were released today mixed as traders dismissed change the disappointing ADP employment, rather than relying on strong data from Australia and China. Australia in the second quarter GDP printed better than expected, namely by 1.2% and calls for an increase of 0.9% compared to an upward revision of 0.7% growth the previous quarter. extended on an annual basis, the Australian economy by 3.3%, exceeding an increase in calls of 2.8% from 2.7% a year earlier. Meanwhile, improved data from China, manufacturing PMI in August to 51.7 from 51.2, ...
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