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The mood of investors was influenced last week by the stress test debate, tentative signs of economic stabilization in a number of countries and a barrage of earnings reports – generally better than feared. As the equity rally ground to a halt on some bourses, the US dollar and government bonds offered little safety appeal and edged weaker. Read all about this and the implications for financial markets in the weekly “Words from the Wise” review. [...] | |||||||||||
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