Sunrise Market Commentary
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Investors start new quarter with a positive mood
Rising business confidence in the manufacturing sector buoyed investors and sent equities and commodities higher on the first trading day of the third quarter. Today’s Payrolls report may be a good test of the underlying sentiment, as yes-terday’s ADP report disappointed. At the monthly ECB policy meeting, no new monetary policy initiatives are expected, but comments on the current tight financing conditions and on the covered bond plan are eagerly awaited. In this PDF you will find the latest technical analysis published by KBC bank
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