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The drop yesterday wasn’t as brutal as it was at the open at least. But amid a slight pick up in the risk mood for now, European indices are holding higher in the early stages. S&P 500 futures are seen up 1.5% currently. The over 4% decline in the DAX nearly erased its year-to-date gains while the CAC 40 did fall at one point to test its October 2023 lows.
This article was written by Justin Low at www.forexlive.com.
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