Macro Morning (US slumber)

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By Chris Becker

A quiet start to the week with UK markets closed and the US Memorial Day long weekend. The focus was therefore on Europe with continued negotiation between Greece and its creditors sending the Euro and stocks down especially in Spain where some the anti-austerity movement in the depressed country is gaining momentum.

Recapping Asia, you just can’t stop the rampaging Shanghai Composite which put on another 3% and seems set to crack 5000 points in the week ahead.

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