Asian Session: Asian Stocks rise on further commodity weakness – markets eye NFP’s today |
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Market Brief U.S stock markets declined in the closing hours of trading yesterday as continued uncertainty over the “Big-Three” looms over the U.S economy. The Dow ended the day -2.5% while the S&P and NASDAQ ended the day down by 3%. The EURUSD traded a relatively tight 40pip range – between 1.2730 and 1.2770 during Asian trading, markets awaiting this afternoon’s Non-Farm Payrolls as stimulus. Yesterday saw the dollar weaken as the world watched the once mighty U.S automotive industry
Filed under: Fundamental
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