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End of Quarter Indices Squaring

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Another quarter down and the run into Christmas is now in sight! While not the greatest result overall for stock indices, the day traders were thrown a bone overnight with some nice little rallies in both Europe and the US. The rallies were more to do with end of quarter position squaring after a period of sustained selling than any fundamentals, although the month’s ADP employment report beating expectations did give the markets hope for Friday’s NFP number. “USD ADP Non-Farm Employment

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