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The last day of January finds world markets sluggish which could be a combination of month-end positioning and investors sitting on their hands awaiting tomorrow’s Fed decision. US index futures have clawed back some of their overnight losses, but they
US index futures are up 0.3%-0.5% this morning, clawing back much of yesterday’s 0.4%-0.7% losses by the three main US market indices. European markets are also bouncing back today with the Dax up 0.7% and the FTSE up 0.2%.
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