Asian markets unwind equities and carry trades ahead of the weekend |
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For the 2nd consecutive day, investors looked for value on a dip below 8,500 level in the Dow, bidding up US large-caps higher to avoid three consecutive triple-digit losing sessions while helping DJIA to a 2% gain. Dow Jones has closed below 8,500 just once in recent months - the day before an over 900- point recovery - with consistent rallies on a dip below this figure marking it as a potentially significant support level to watch in the final hour trading sessions going forward. And while Read More...
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