Data Will Distract The Market
01-Mar-11 00:15
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Dodge Dorland at Landor & Fuest Capital Managers says the crisis in Libya will continue to weigh on sentiment due to the possibility of a prolonged shutdown of its oil facilities although oil producing countries can dip into its reserve inventory. Having said that ISM manufacturing data and non-farm payroll could provide a short reprive but it's likely that the data would not show fast enough improvements.
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