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By Chris Becker
After a poor lead from Europe, US stocks looked like returning to their corrective phase overnight before a late surge saw minor advances as the USD continued to fall against the majors. Other safe havens continue to appreciate with Yen, Swiss Franc and gold higher while Treasury yields continued their minor retraction. UK CPI came in a little hotter than expected, sending Pound Sterling up slightly.
Today its Japanese 4Q GDP to watch out for first thing this morning.
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