Monday, May 2, 2016

Recent Declines Build Case For Buying Despite Sagging Risk Sentiment

The major U.S. index futures are pointing to a higher opening on Monday,ÿÿwith sentiment suggesting that bargain hunting may kick in, offering support to the markets. Risk appetite is still wavering, with the dollar weakening across the board. The dollar weakness and inherent fundamental issues have sent the yen soaring to a 18-month high.

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