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Market Comment |
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Australia |
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The S&P/ASX 200 index was flat on Tuesday. The index is above its 20d MA (@ 5470) and above its 50d MA (@ 5431). 65% of the index constituents are above their 20D MA (vs 58% the previous session) and 59% of the shares are above their 50D MA (vs 54%). Australian consumer confidence fell a further 1.1% in the week ending May 25, according to the ANZ Bank. |
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