Market sentiment remained bullish although US’ 3Q10 GDP growth missed expectations. The set of data did not fail to show that the US is still in the middle of a modest recovery. In the Eurozone, sovereign concerns were soothed again after news reported that China will buy 4 to 5B euro worth of Portuguese debts. While the news was not yet verified by both Chinese and Portuguese officials, this may help alleviate market worries temporarily.
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Financial Markets Gain Although US Growth Misses Expectations
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