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Earlier today the CAC 40 did open higher, as was expected. However, since peaking at 7,307 not long after live trading resumed, it has been falling back. The low seen so far has been set at 7,250 which means it soon fell back into the red from a close on Friday, at 7,269. The prospect of that happening was touched upon here earlier and as you can see, the index is labouring somewhat now, after the positive impact of the Olympic games may have run its course. The index is currently trading at 7,260 as the DAX follows a similar path lower in late European morning trade
The push above 150 noted in the USD/JPY just now has come alongside further gains in the US equity space. So, it seems the service sector beat is...
The March US flash PMI data has just now hit the screens. The service sector reading was last at 51 and expect to be unchanged. It has risen to 54.3...
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