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Risk Off on Growing Macroeconomic Uncertainties

Market sentiment diminished on macroeconomic uncertainties. In the UK, the BOE unveiled in its quarterly report that growth outlook deteriorates while near-term inflation pressure escalates. In the Eurozone, officials intentionally played down the possibility of extending the Greek bailout. Inflation in China eased in April but stayed at elevated level.

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Risk Off on Growing Macroeconomic Uncertainties

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