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#OPINIONLEADER# Morning market update 21 10 2021:  The US session saw the DXY under pressure again remaining around 93.50 after an attempted rally earlier in yesterday's session with risk on very much in favor currently. GBP & EUR inflation data saw some significant volatility and the DXY 93.50 support level will remain on watch. Later today for the US at 20:30 GMT+8 there is Initial Jobless Claims and the Philadelphia Fed Manufacturing Index (Oct). Earlier today at 02:00 GMT+8 the Beige Book came out indicating that economic activity in the U.S. has recently grown at a modest to moderate rate, according to the Federal Reserve's Beige Book, although the pace of growth has slowed. The Beige Book, a compilation of anecdotal evidence on economic conditions in each of the twelve Fed districts, attributed the slowdown to supply chain disruptions, labor shortages, and uncertainty around the Delta variant of COVID-19.
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