It has been a while since we had a move of more than 1% for the Stoxx 600 and today the market didn’t mess around, moving the best part of 2% in the wrong direction which we haven’t since the 15th March! Sadly the large move didn’t come with any greater interest and it still feels like people are on the side-lines, observing the moves rather than acting on them. The driving force still feels to be the Debt Ceiling negotiations (understandably) which are ongoing but if you are to believe Yellen’…
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