The drop in prices naturally prompted a sharp pull back.
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Market sentiment was checked by a sharp pull-back in property shares following the previous session's surge.
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Still, analysts say the contraction in earnings has been priced in by investors and may not cause a sharp pull back.
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Market sentiment was checked by a sharp pull-back in property shares following the previous session's surge, as investors took profit on doubts the upward trend will last.
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The dollar was also benefiting from a sharp pull pack for the British pound amid worries that Brexit and general election related risks showed no signs of going away soon.
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DUBAI, Nov 27 (Reuters) - Gulf stocks consolidated in a quiet market on Sunday with little corporate news to prompt trading, and with Friday's sharp pull-back in oil prices offsetting strength in bourses worldwide.
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U.S. services sector activity slowed slightly in February, held back by a sharp pull back in employment growth, but a surge in new orders to a 25.5-256.0/2-year high pointed to underlying strength.
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WASHINGTON (Reuters) - U.S. services sector activity slowed slightly in February, held back by a sharp pull back in employment growth, but a surge in new orders to a 25.5-256.0/2-year high pointed to underlying strength.
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HONG KONG/SYDNEY (Reuters) - Merger and acquisitions involving Asian companies fell 39 percent in the first quarter of 2017 to $176 billion, the lowest level in nearly three years and highlighting a sharp pull back in overseas deals by Chinese firms.
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Positioning risks are still concentrated on the downside, however, with hedge fund long positions outnumbering shorts by 7:1 in crude, 31:1 in gasoline and 4:1 in distillates, which could generate a sharp pull back in prices if the economy does deteriorate as much as some analysts fear.
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"If the geopolitical tension subsides or results in a smaller supply disruption than currently priced in, we are likely to see a sharp pull-back in investor positioning and an even sharper correction in oil prices than the $5 or so that might be warranted even as macro uncertainties persist," U.S. bank Citi said in a note to investors.
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A real- world example would involve a pilot selecting a new climb attitude, for example 5° nose up from the original attitude. A short, sharp pull back on the control column may be used, and will generally lead to oscillations about the new trim condition. If the oscillations are poorly damped the aircraft will take a long period of time to settle at the new condition, potentially leading to Pilot-induced oscillation. If the short period mode is unstable it will generally be impossible for the pilot to safely control the aircraft for any period of time.
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The former can only be released from the pedal by twisting the heel outwards, while the latter can also be released by a sharp pull upwards and are therefore easier to use for novices. There is a small adjustment screw on the pedal that can be used to alter the resistance required to release the cleat from the pedal, so beginners can have it 'soft' and easy to get out, and then tighten it up as they progress. There is a "road" version, SPD-SL, which has little in common with the type described above. SPD-SL uses a protruding plastic cleat which is attached to the shoe using the "Look" 3-bolt standard.
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When he spotted a target column of trucks, artillery guns and armored cars, led by a North Korean Armored Personnel Carrier, he hit the bomb release button on his control stick, and then made a sharp pull-up to the left to stay away from his bomb blast. However, only one of his bombs had released, and the of unbalanced weight under his left wing may have contributed to his near miss on the first run. North Korean flak struck Sebille's P-51 as he turned to make a second run, heavily damaging the aircraft and it began trailing smoke and glycol coolant. Sebille had intended to release his second bomb, but he radioed Johnson that he had been hit and injured, probably fatally.
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But I came to that conclusion only a long > time later. At that time I reversed my heading, passed over the Sabres and > in a slight dive I led my aircraft to a small group of clouds. Once there I > turned to the right and went I got out of them, I started a ‘Boyevoy > Razvorot [‘Combat Turn’, a climbing turn with a roll angle of 40-50°] to the > left, but I didn’t found the Sabres below where I expect them to be, but > behind at my left. [...] I threw my aircraft in a dive, but instead of a > sharp pull-up into a climb I began to slowly roll my aircraft into a flat > dive. The Sabres, who didn’t expect that, stayed in the height, far above > and behind.
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