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Risk rally fades on manufacturing slump but markets stay calm

Risk rally fades on manufacturing slump but markets stay calm

Global Market Insights - Forex, Futures, Stocks

July 4, 20234m 58s

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Drop in ISM manufacturing PMI rounds up malaise in global factory activity. Dollar and stocks steady as Fed rate path little changed, all eyes on NFP report. Aussie falls then bounces after RBA holds rates; oil prices whipsaw on OPEC+ cut.

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