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Tue, 2 February 2021 | Written By: Neil Wilson Neil is chief market analyst for Markets.com and also writes for the Investors Chronicle as ‘The Trader’, with the daily market outlook published online each morning. Stocks extend rally, Moonpig shares surge, silver retreats, GME sinks Risk is bid as stock markets extend bounce Moonpig prices IPO at 350p, shares surge to 440p Silver retreats from 8-year high, GameStop shares sink Inflationary pressures reappear in manufacturing PMIs Confidence has returned to global equity markets with stocks in Europe higher again this morning after bouncing back on Monday from a choppy final week of January. We can probably put this down to bears lacking any serious catalyst, the combination of stimulus and vaccines still underpinning a broad confidence, and Chinese repo market stress from last week is fading. The FTSE 100 rallied almost 1% and is up again but trailing European peer

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