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Monday, June 14, 2021

Fed chorus keeps risk sentiment buoyed

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European indices and US futures pull higher to start the session

European equities are posting modest gains on the session now, building on the rebound yesterday as the momentum since late Tuesday trading continues in stocks. US futures are also marked higher on the day after a mixed session yesterday:

SPX

After Yellen stepped on the toes of the Fed, we have seen a chorus of Fed speakers come out to reassure the market that they are not even considering tapering any time soon.



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