Westpac Research notes:
The US 10yr treasury yield rose from 2.35% to 2.44%, steepening the curve. Notable data surprises were ADP payrolls, ISM manufacturing and construction spending, the latter two causing the Atlanta Fed to upgrade its prediction for Q2 GDP from 2.1% to 2.2% (annual).


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Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



