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MM is losing confidence in the $A’s ability to retest / break 80c

by Harry Watt

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MM is mildly bearish the $US ultimately looking for new lows ~88 but the risk / reward favours the buyers

by Harry Watt

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MM feels economic activity is looking for a new level of equilibrium which should bring tech stocks back into focus

by Harry Watt

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MM feels there’s a strong possibility that bond yields have got ahead of themselves

by Harry Watt

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MM feels the Australian 3-year bonds have forecast the RBA’s looming change in stance

by Harry Watt

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MM is neutral European stocks at current levels

by Harry Watt

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MM is waiting for some performance catch-up by the growth sector e.g. tech & healthcare.

by Harry Watt

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MM’s neutral US stocks at current levels

by Harry Watt

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MM remains a happier buyers of weakness as opposed to sellers of strength

by Harry Watt

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No change – MM’s preferred scenario is June grinds higher while producing another small 3-4% pullback

by James Gerrish

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