Speculation Over China Revaluation Increases |
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Market Brief Very slow start to the trading week and with no top tier economic data scheduled, we expect trading to be subdued. Risk appetite was mixed initially, as a Der Spiegel report out over the weekend, which claimed the EU had decided on a eur25bn bailout plan sent the EUR higher but later in the trading session the report was denied by the German Finance Ministry. There was also the Soros article in the FT, which questioned the viability of the EUR, which also weighed on the single
Filed under: Fundamental
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