Apr 8, 2013
Fundamental Morning Wrap: Murphey´s law hits Eurozone (again) as Korean tensions rise
This mornings institutional research has seen a focus fall upon the Euro with Portuguese developments taking center stage, as courts rule against the Governments austerity programme as being unconstitutional, a move which may hinder its return to the bond markets in September. In Japan, the weak Yen has turned in a bigger-than-expected current account surplus for February driven by overseas investment, and in the geopolitical sphere, North Korea continues to be a problem.
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