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After a recent deluge of tier-one data, major markets face a quieter week on the economic calendar. However, the US Mid-term elections and US CPI inflation loom large.
With better than expected ISM Services data, higher yields and a stronger dollar are again dominating the outlook for trading sentiment on major markets.
On the first trading day of March, news of the acceleration of China’s reopening shifted the narrative for major markets. A risk-positive bias is taking hold, but can it last?
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