sp'60min
Summary
*awaiting the Chicago PMI.. due at 9.45am.
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Not much to add.
Cyclically, downside pressure should (in theory) increase across today.
Since it is end month, price action will be more dynamic this afternoon. Further, with the jobs data tomorrow, I am somewhat suspicious that there will be some 'cautious selling' into the close.
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Overnight action
Japan: weakness into the close, -0.7% @ 16758
China: micro chop, +0.1% @ 3003
Germany: currently -0.6% @ 9987
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Have a good Thursday