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anyone know why wall street tipped at 2.55 uk time?


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10 minutes ago, robertbowler said:

Whilst im exectinhg a sell off on the dow before june Im a small long and puzzled why it shot down at 2,55 UK time today .. consumer confidence wasnt that low in expectation so would welcome input from any fellow index traders 

chatter about the Richmond Fed Manu index coming in at the lowest figure on record;

https://www.calculatedriskblog.com/2020/04/richmond-fed-fifth-district.html

image.thumb.png.839a049c35f82879f090b4806b5ff7bf.png

Here is a graph comparing the regional Fed surveys and the ISM manufacturing index:

image.thumb.png.94fd330fe751c5f66e53b59ff9750ab7.png

Edited by Caseynotes
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