CFDs
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The recovery in equity markets is progressing well. The key difference now is that Wall Street is also playing a role in this rebound. That helps to add sustainability to the move.
After a choppy 48 hours on major markets, the volatility is likely to continue with Nonfarm Payrolls today. Risk appetite has soured with equities weighed down and the USD gaining.
With US bond yields in decline and the USD turning corrective, the foundations for recovery in precious metals have been laid. The longer these moves continue, the more support precious metals will develop.
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