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Asian shares were under pressure this morning as disappointing economic data from Germany and South Korea revived concerns over slowing global growth. Although earnings have been generally positive so far, the sustainability of any rally fuelled by strong earnings should be questioned, given how geopolitical risks and lingering growth concerns continue to strain risk sentiment. The cautious mood from Asia is likely to roll over into Europe, and possibly Wall Street this afternoon, as investors adopt a guarded approach to riskier assets. Elsewhere, the Bank of Japan as widely expected kept... Read More
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