Daily Snapshot

Daily Snapshot – 6 August 2024

Anyone else feeling a bit short changed this morning by the bounce that was looking so promising at 7am? There are LOTS of moving parts at the moment which could go a long way to explain the jitters: Geopolitical instability, Yen Carry trade implications, U.S Economic jitters, Mega cap tech wobbles, political instability/elections, seasonality…. The list goes on…. The bounce in Europe turned out to be short lived and turned into a fall at one stage, by no means what we’ve been used to the past…

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