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Consumer sentiment is a gauge of the performance of an economy. It includes data such as the US Consumer Confidence and the Michigan Sentiment.
With banking fears re-emerging and key risk events of the Fed and the ECB approaching, markets are looking more fearful, with a shift into safe haven assets.
Precious metals have recovered strongly in recent weeks. These moves have formed technical base patterns but a retreat in recent days means a crucial crossroads has been reached.
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