The FedEx news should not have been a surprise to a anyone. The fact that it was indicates just how much the markets have to lose before capitulation.
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Asian Stock Market: Tracks Wall Street losses, oil establishes below $85.00Markets in the Asian domain are displaying a vulnerable performance consecutively, following the footprints of Wall Street as US stocks are facing the Sagar_Dua24 Options expiry for September quarter dragged the market down , it is good buying opportunity
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