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Instrument: US100
Bullish Preference:
Buy position is envisaged if price trades above 15193.70 with take profit at 15227.50
Bearish Preference:
Sell position is envisaged if price trades below 15098.33 with take profit at 15079.25
Fundamentals:
1:30pm USD Empire State Manufacturing Index
3:30pm USD FOMC Member Harker Speaks
9:30pm USD FOMC Member Harker Speaks
Comment:
Israeli bombardments intensified ahead of a likely ground invasion in southern Gaza, dashing hopes of a brief ceasefire as residents of the Hamas-ruled region said the overnight strikes were the heaviest yet in nine days of conflict.
Yields on long-dated U.S. Treasury notes gained as the United States strives to prevent an escalation in tensions, with Secretary of State Antony Blinken arriving in Israel for talks after top U.S. officials warned the conflict could worsen.
Analysis: SCRUM Team
