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Looking for deeper insight on markets? In tonight’s Closer sent to Bespoke Institutional clients, we show the gaps that have gotten filled for banks, technology, and quality factor ETFs before delving into today’s trade balance data which was much narrower than forecast. We take a look at the major drivers of this narrowing in terms of products and countries. We finish with a look at October new orders, sales, and inventories data and the turnaround in Canada’s Ivey PMI.
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