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The Tech sector will be watched on the US Cash open

EQUITIES
  • US Emini is extending small gains, with the latest leg supported by the US data.
  • Although the momentum is still on the slower side, next upside area of interest will be seen towards last Week's gap, up to 5602.25.
  • The Tech sector has led in Europe on reports that US allies could be exempted from US Chips Curbs.
  • And the Tech sector will be watched in the US, with Nasdaq futures up just over 400 points pre cash open in just 30 minutes.
  • At current level, the NDX could be set for a +2.3% gain, while the main focus for the US will be after market, when Meta will report earnings.

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