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Sentiment Damped on Downgrade of UK’s Rating and Repayment of LTRO

Financial markets moved sideways in Asian session on Monday. The outlook this week is likely gloomy amid global economic prospect remains unclear. Moody’s announced to downgrade the UK’s triple A rating while the second tranche of LTRO repayments by Eurozone banks were less than forecast.

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Sentiment Damped on Downgrade of UK’s Rating and Repayment of LTRO

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