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Old 03-06-2010, 08:10 AM
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Default Weekly Focus: ECB Struck a Dovish Tone

Risk appetite returned and the euro stabilised this week as the markets greeted the announcement that Greece will implement additional EUR4.8bn austerity measures. With signals that ECB will proceed very cautiously with its monetary policy exit, bond yields remain gridlocked as central banks are expected to continue to provide cheap...
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