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Market sentiment is mixed today with US stocks opening lower, but so far being well supported by the widely watched 200-day moving average. European markets are more positive while the greenback is making gains, after a smorgasbord of US domestic data showed a steady, if depressed jobs market and bumper durable goods figures which keep the dreams of a v-shaped recovery alive.Markets continue to fret over the risks of an unchecked rise in Covid cases and yesterday’s threat of US tariffs on EU goods puts US protectionism back on the table leading into the November elections.Price action... Read More
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