Stock markets continue weakening |
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This past week we have seen inflation declining at a well sharper than expected pace in the United States aswell as in Canada. In the US Consumer prices posted the largest monthly drop in 61 years which has arisen concerns about deflation adding pressutre to the actual global crisis. In Switzerland, the Swiss National Bank approved a surprising 1.0% rate cut on Thursday, leaving the Libor Rate at 1%, while the Bank of Japan kept rates on Hold at 0.30% Stock indexes have declined for four days
Filed under: Fundamental
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