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Equities weak ahead of CPI

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The weekend gone by has been nothing short of a coordinated effort towards further confusion and uncertainty. I’m not certain that expectations were all that high but the G20 failed to reach any real conclusion in respect of spurring global growth while US data last week reignited speculation that yet another rate hike could be in the offing stateside. The market currently prices in a 10% probability for March but the chances for further monetary tightening increase substantially as we

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