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The United States: Savings are shrinking, suggesting that consumption growth could slow in the months ahead.
The United Kingdom: Mortgage approvals accelerated in July.
Japan: Speculators continue to hold net long bets on the yen.
Emerging Markets: India’s stocks have risen for 13 sessions in a row.
Credit: Corporate bonds, both investment grade and high yield, have posted gains for four consecutive months.
Global Developments: Speculative accounts have turned bearish on the US dollar.
Food for Thought: US plug-in hybrid sales:
Edited by William Villacis
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