Global-View.com FX Research: Morning Briefing : 03-Jul-2013 -0325 GMT

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Global-View.com FX Research

Morning Briefing : 03-Jul-2013 -0325 GMT Jul 3rd 2013, 03:28 GOOD MORNING! EQUITIESCaution led profit-taking hits Equities globally after the rise last week. Caution ahead of ADP Employment data today and position squaring ahead of US holiday tomorrow and crucial US NFP data on Friday. Expect some more dips till Friday. Dow (14932.41, -0.28%, -42.55) has closed marginally lower. All of Asia-Pac is in the red. Shanghai (1983, -1.19%) and Australia (4735, -1.56%) are trading particularly weak. Even the Nikkei (14014, - 0.64%) is also seeing some profit-taking. The Nifty (5857.55) had closed lower yesterday and can dip further towards 5825-00 today. But, the medium term looks bullish targeting 6000.COMMODITIESMixed moves in Commodities. Precious metals soft. Industrial Commodities firm.Gold (1

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