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Daily Alert: It’s not dead, it’s restin’

  • The recovery in risk appetite we noted yesterday has broadened and strengthened overnight.
  • Admit a dearth of economic data, there was some focus on the cracking start to the US corporate earnings season.
  • Today the focus will be on tonight’s European Central Bank meeting where the ECB isn’t expected to make any policy changes but it will incorporate changes from the recent strategy update, which are expected to be dovish in nature.

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