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Asian Market Update: Crude oil surrenders some gains ahead of OPEC, USD rangebound vs majors in thin holiday trading

- Equity markets in Asia continued to rally in the final session of the week on bullish momentum set in by extraordinarily large rate cut from China. Earlier this week, PBOC cut by 108 basis point – the largest rate cut in 11 years

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Asian Market Update: Crude oil surrenders some gains ahead of OPEC, USD rangebound vs majors in thin holiday trading

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This entry was posted on Friday, November 28th, 2008 at 4:33 am and is filed under Forex, Forex News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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