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No clear signal for equities just yet
The focus on softer US inflation got stock markets riled up earlier this month, after a slow start to November. There was much optimism after but gains have been harder to come by in the past two weeks amid a mix of headlines with a hawkish Fed also still in contention. The DAX is seeing gains stall at around its 100-week moving average while the S&P 500 is failing to find much direction, trapped in between its 100 and 200-day moving averages:
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Posted: Nov 30 2022, 05:49
Author Name: forexlive
Views: 102624