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When severely beaten-down markets get the slightest bit of good news, watch out. Shanghai soars...

When severely beaten-down markets get the slightest bit of good news, watch out. Shanghai soars nearly 4%, first getting a pop from yesterday's big rally in the West, and then a jolt from Beijing's roll-out of major road building plans. Chatter grows about further action - possibly a reserve ratio cut - over the weekend. FXI +2.1% premarket.
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  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Major boost in risk-on currencies and materials commodities complex...
    7 Sep 2012, 11:00 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
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