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M Stanley: Weak US Job Data This Week May Galvanize Stock Mkt
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Slightly weak US employment data this week may galvanize the stock market, as it can be perceived as increasing the likelihood of further rate cuts by the Federal Reserve, commented Morgan Stanley analyst Michael Wilson. Investors are awaiting the relevant data to determine whether the Fed will end its easing cycle after three consecutive rate cuts or if more aggressive measures are needed. AASTOCKS Financial News Website: www.aastocks.com |
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