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US Futures are Slightly Higher This Morning Ahead of the Release of the Fed's June Minutes

US futures are slightly higher this morning ahead of the release of the Fed’s June minutes.  Investors will be focused on these minutes as this was a meeting where the Fed raised rates for the second time this year.  Economic data due out later today includes factory orders which are expected to show a 0.7 percent drop.  Oil prices dropped after Russia decided against deeper production cuts.  Markets in Asia closed higher led by the Shanghai index and European markets are trading mostly flat.  

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