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Sentiment Boosted by Rise in European Firewall and Strong Chinese PMI

Financial markets began the week with a firm tone as China?s manufacturing data improved, easing concerns of hard-landing, and EU finance ministers agreed to the raise the ceiling of the rescue fund. The MSCI Asia Pacific Index climbed around +0.5% in the morning session. In the commodity sector, crude oil prices also recovered from the sharp fall late last week while gold also strengthened a tad as the euro rose.

Sentiment Boosted by Rise in European Firewall and Strong Chinese PMI

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