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Rebuilding from Last Week’s Sell-Off - DAILY MARKET UPDATE

China releases economic data and today could be a big day for Brexit -but perhaps, more importantly, is how investors respond to the biggest weekly drop in stock markets since March.

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Snowflake = Biggest ever software IPO

The hotly-anticipated Warren Buffet-backed IPO of Snowflake happens today and it’s expected to be the biggest software IPO ever.

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The Fed Saves the Day Again with bond purchases - DAILY MARKET UPDATE

The Fed has saved the day again with once announcement that it will begin to buy individual corporate bonds – as well as corporate bonds ETFs already announced. Wall Street reversed steep losses and the dollar rolled over on the news.

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Trump hospitalised by COVID-19!

US President Donald Trump has contracted the COVID-19 coronavirus- adding to the uncertainty of the upcoming US election. The dollar gained as haven while stocks dropped on Friday but finished the week higher.

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ECB Meeting Preview & OPEC+ - DAILY MARKET UPDATE

With its 7th daily gain on the trot, the euro just had its best winning streak since December 2013. The euro-gains have been propelled by weakness in the US dollar.

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Bitcoin rally picks up steam

Bitcoin has rallied another $800 from yesterday’s break of $12,000. The British pound hit a monthly high, rallying 200 pips after trade talks resumed. Tesla reported a 5th consecutive quarterly profit after the close of another soft day in equity markets.

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