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Markets shift to neutral

4/13/2021 4:37:03 AM GMT Financial markets look to be shifting into neutral gear ahead of heavyweight data starting with China s Trade Balance due shortly, US CPI this evening, and the start of earnings season in the US, led by big banking. Wall Street went nowhere overnight, the US 10-year Note auction passing without incident, leaving bonds in neutral gear as well. It was much the same for currency markets, although the gold retreated as momentum temporarily waned, and Bitcoin continued to nudge near record highs. In Asia today, China and Japanese equity markets have rallied, having suffered most yesterday. South Korea has also jumped. With no news of note, that suggests that fast money flows suffering a bout of nerves yesterday, took the overnight session as no news is good news, and loaded up again this morning in typically herd-like behaviour. 

FTSE 100 makes quiet start after below-par GDP reading; Babcock stages relief rally

FTSE 100 makes quiet start after below-par GDP reading; Babcock stages relief rally
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FTSE 100 virtually flat; Wall Street sees mixed start

FTSE 100 virtually flat; Wall Street sees mixed start
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FTSE 100 slips back as Wall Street forecast to open lower on new vaccine worries

FTSE 100 slips back as Wall Street forecast to open lower on new vaccine worries
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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