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China's 1.08% interest rate cut, the biggest in a decade, could boost the stock market (ETFs:...

China's 1.08% interest rate cut, the biggest in a decade, could boost the stock market (ETFs: FXI, PGJ) by at least 5%, and add to long-term downward pressure on the yuan (ETF: CYB). The cut was twice as big as expected, and came early. Ongoing concern: poor Q4 earnings.
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