Forex | Forex | U.S. Equity Markets Range Bound at Midsession (03/09/2009 17:45:31)

U.S. Equity Markets Range Bound at Midsession

U.S. equity markets are trading higher at the midsession mostly because of the 4.8% gain in China’s Shanghai Index overnight. This morning’s weaker than expected U.S. ISM Services Report limited gains. Traders have also been reluctant to put on large positions or commit to a side because of tomorrow’s U.S. Unemployment Report. The strength in U.S. equity markets today is putting pressure on the Treasury futures. Market conditions have calmed since earlier in the week which means traders are


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