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Shaky secondary fails to derail euro market

Shaky secondary fails to derail euro market
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Risk Sentiment Recovering - Action Forex

Risk sentiment seems to be recovering this morning with all but Japanese equities higher in Asia. Euro is marginally higher against the dollar and weaker versus the Nordic currencies. Brent oil is range-trading at the 74-75 level. The dramatic events in Russia over the weekend have not led to big market moves, at least not yet. Rates markets currently price in one more hike for the Fed by November and 47bp worth of hikes by the ECB by December.

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Risk sentiment recovering

Today is a fairly quiet day on the data front. We will keep an eye on Conference Board consumer confidence and new homes sales in the US. At the ECB f

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Shaky secondary fails to derail IG market

Shaky secondary fails to derail IG market
ifre.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifre.com Daily Mail and Mail on Sunday newspapers.

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