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March is statistically a positive month for US equities. We look at what is driving Wall Street and whether investors will see positive returns this month.
With markets continuing to price for more aggressive Fed rate hikes, the USD remains strong. Risk appetite is also suffering as a result, with moves exacerbated by a weaker than expected Chinese manufacturing PMI
With the ECB hawks arguing for a 50bps hike at next week’s ECB meeting, the performance of the EUR remains strong on major forex.
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