Forex | Forex | Eying the exit (04/09/2009 16:43:25)

Eying the exit

Global Update Data continues to point to a stronger Q3 in global growth. This week Global PMI strengthened further. Western consumers are still lagging, although auto sales and consumer confidence added some hope this week. Asia is still leading the global recovery, but signs are emerging that China could lose some steam in the coming quarters. Except for a few countries, central banks are in no rush to hike rates. However, in most countries central bankers are starting to eye the exit. Market


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