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The earlier rebound in the DAX and the CAC has now given way to another downside wave. The FTSE 100 is on session lows a moment ago too. At the same time the US futures are a bit lower in terms of the Dow Jones price action, but the S+P 500 has remained elevated whilst all this has played out. Yesterday the S+P matched the Nasdaq 100 with a new all time high and a new record close. The index reached 5,583.11 and later closed slightly off that record, at 5,572.85. The index futures price is above that closing level this morning and not yet showing any immediate signs of backing off ahead of the opening. The S+P 500 is currently priced to reopen at around 5,582
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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