Yesterday’s session was counter intuitive in many ways

Market Review Yesterday’s session was counter intuitive in many ways as the worse than expected April flash estimate PMIs from China, Germany and the US all showed a deterioration in manufacturing conditions, however stocks were very bullish with most of the European stock indices posted their biggest up day for the year. However, the Euro went the other way finishing down over 0.5% against the dollar and this sheds some light on the underlying driving forced of market activity yesterday. This

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Yesterday’s session was counter intuitive in many ways

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