Financial markets climbed in European session after the success of the Spanish bond auction. Market sentiment was also lifted after data showed that Chinese inflation eased further in December. Moderation in general price level should pave the way for growth-stimulating accommodative measures. As the US strived to tighten sanctions on Iran, it won support from Japan while China rejected to limit oil import from the country.
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Sentiment Lifted as Spanish Bond Auction Beats Target
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