Will Tuesday's Risk On Rally Hold Up?

Tuesday’s rocket move in the US equity market was a big story, though things have cooled down into Wednesday as the market reflects on the latest price action.

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Tuesday’s rocket move in the US equity market was a big story, though things have cooled down into Wednesday as the market reflects on the latest price action. There has also been reason for investors to be a little more apprehensive today, with China PMI reads coming in soft and the PBOC draining liquidity to the tune of $4.3 billion.

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