Investors are cautiously awaiting the US employment report. Risk appetite appeared softened with Wall Street and European shares ending the day lower. The VIX (fear index) increased for the first time in 5 days. US dollar continued to drop but it’s more due to month-end rebalancing activities. In the commodity sector, both benchmark crude oil contracts ended the day modestly higher.
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Risk Rally Reverses as Investors Await US Payrolls
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