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MM116: Fed, ECB and BoJ update and what to look out for next week in global markets

Market Maker

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The Fed Holds Rates as Expected

China's state council said on Friday that the country needs quote, more forceful policies to support the economy. The government is said to be studying new measures that will be adopted in a quote, timely manner. But remember, markets are forward looking and so now China have cut rates for first time nearly a year. And evidently the equity markets liking that.

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