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RBA day, no hang on it's Cup day

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 3, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Quick Reca p Stocks bounced nicely overnight if somewhat unexpectedly given how things were looking as the Asian day drew to a close yesterday. The strength in the US and Europe came from some good news on the manufacturing PMI front. Whereas China remains in the contraction zone the big data for the US and Europe showed not only expansion but also beat expectations. In summary the better prints on manufacturing PMIs in Europe, saw German, Italian and EU-wide data beat expectations,

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