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>> EURO Latest News

MAR 04, 2013 - Zero Hedge

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Sentiment Hobbled By Hawkish China Sending Futures Lower To Start The Week

Earlier we reviewed the overnight plunge in China stocks, especially those related to the real-estate market in the aftermath of the latest move by the State Council to be far more hawkish than expected, in its effort to curb property inflation. The economic and market weakness that resulted has followed through to overnight US and European futures, even as peripheral bonds are trading roughly unchanged, surprising many who thought this weekend's Beppe Grillo statement on the future of Italian debt and presence in the Eurozone would be market moving: it wasn't as Grillo said nothing that he ... Read More

Tags: Sentiment Hobbled By Hawkish China Sending Futures Lower To Start The Week,  Euro Latest News