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Thursday, January 30, 2014

Global equities mixed after Fed confirms more tapering.

Asian and European shares have mostly fallen after the Fed said that, as expected, it would reduce its bond-buying by another $10B a month to $65B. What was notable was that the Fed made no mention of the turmoil in emerging markets in its statement. U.S. stock futures were up after Wall Street suffered notable losses yesterday, while the greenback has strengthened as well, with the dollar index +0.45%.

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