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AFEX Market Watch - 3rd July 2015

GBP

Kicked off the day with a pleasing construction PMI at 58.1 some 1.6 points better than expectations. The reaction was rather muted though as the market started to price in a strong US Non farm payrolls number. When  it didn’t arrive the market had to buy Sterling and we ended up with a rangey, quiet day. We have the most important of the Purchasing Man... Read more

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