Financial Trading
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After a recovery on risk assets yesterday, there is far more of a cautious feel to major markets this morning. Selling risk assets into strength has been a consistent theme as key data has continued to paint a picture of mounting recession risks. Nonfarm Payrolls will be in focus today.
The first two weeks of March will be massive for trading forex. We highlight the four factors that will drive major markets.
As US markets reopen following the Independence Day holiday, the threat of USD strength is re-emerging. There is still a mild positive bias to sentiment, but markets are looking cautious again.
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