Financial Trading
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Markets are fairly quiet this morning. The political risk in the UK has receded as new Prime Minister Sunak takes office. Markets can start to look ahead to the next key risk event, the ECB meeting.
The USD has had a choppy start to the new year. Initial strengthening has given way to renewed corrective pressure this morning. This comes as equities and precious metals continue to run higher.
With no worrying developments in the US banking crisis over the weekend, volatility is easing slightly. Risks remain but markets are starting to normalise.
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