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US data better than expected
US data released yesterday showed better than expected retail figures for February, and Bank of America announced that they expect to operate profitably in 2009. This led to a surge in equity markets and a rise in risk appetite for investors with the MSCI world index making its biggest rally since November. Japan and China also signalled an increase in efforts to boost growth leading Asian and European equities higher.
Posted in Currency News, Euros, Financial News, Special Currency Offers, UK Pound Sterling, US Dollars
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