Market Updates
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A tech sell-off into the Wall Street close on Friday and mounting geopolitical risk have lent markets a negative bias on Monday morning. This is leading to USD gains and sliding indices.
The Fed minutes may not have done much to move markets but the tightness of the US labour market will be on the minds of traders ahead of important jobs data.
Huge volatility in major markets continued on Friday and into the new trading week. GBP is especially being targeted. Elsewhere there is an initial sense of settling. However, elevated levels of volatility are likely to continue in due course.
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