Sebastian Galy, senior currency strategist at Societe Generale, says the appreciation of the euro is of "deep concern" for the European Central Bank, with fears of a Japan-style low inflation environment.
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Claus Vistesen, editor at Variant Perception, highlights that the FX market is starting to get concerned over the U.S. shutdown as the dollar has been selling against most currencies.
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Stocks turn positive after falling earlier on a slower than expected growth out of China and mixed earnings news. Insight on whether the slowdown in China is something to be concerned about, with David Donabedian, Atlantic Trust and Mike Holland, Holland & Company.
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Gold and silver prices plunged for a second day on Friday to settle down $101.90 at $1,639.8 in one the worst selloffs since the 2008 financial crisis that signaled an end at least in the near term to the long rally in precious metals.
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The International Monetary Fund said on Wednesday it remains concerned with the potential for a property price bubble in China even though the country's elevated inflation rate may peak within the next month or two.
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