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Asia Joins Global Stocks Rally, ECB Signals More Stimulus, China Cuts Rates

hank
edited October 2015 in The OT Bullpen
"Asia extended a global stocks rally on Friday after the European Central Bank signaled its readiness to inject more stimulus, helping the dollar scale a fresh two-month peak against the euro."
http://www.reuters.com/article/2015/10/23/us-global-markets-idUSKCN0SH01I20151023

Overnight China added more fuel to the fire with a rate cut and reduction in bank reserve requirements.
http://www.bloomberg.com/news/articles/2015-10-23/china-cuts-interest-rates-reserve-ratios-to-counter-slowdown
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