Sentiment Sours As Global Data Disappoints

Softer PMI reads out of China and the Eurozone added to current downside pressure on risk assets, with the US Dollar extending its run and equities under pressure as a consequence.

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Softer PMI reads out of China and the Eurozone added to current downside pressure on risk assets, with the US Dollar extending its run and equities under pressure as a consequence. Meanwhile, bond yields surged after Saudi Arabia and Russia extended oil production cuts.

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