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Market Talk

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Apr 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Extremely poor data in Japan (Tankan est -0.7% actual -0.9% Previous +10.8) weighed heavily on stocks closing the Nikkei 3.55% lower and not a great start for the second quarter. Despite the better than expected Chinese Manufacturing report (49.7 versus estimate of 48.2) it was not enough to turn sentiment around in Asia. It did help the Shanghai Index to close higher on the day but by the time Europe had opened all dealers were talking about was Japan and lunchtimes employment report. Asian

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