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Similarly, the Nikkei 225 index of Japanese stocks “has broken out to an all-time high and if I apply a measured move analysis to the chart, the long-term target is about 71,000,” the strategist wrote. ”[I]n time and price this market could go a long way,” partly because Japan...
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The 10-year Treasury note yield dropped more than 8 basis points to 1.96% (yields move inversely to prices). Gold futures, meanwhile, jumped to their highest level since June. “In the short term, the market is just moving to the indications that it’s seeing out of Russia,” said Yung...
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