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Yellen Testimony Eyed as Markets Price Out Hikes

From marketpulse.com

European indices are expected to open a little higher on Wednesday despite another negative lead from the US and Asia overnight and as both macro and domestic issues continue to weigh. Futures remain volatile though ahead of the open so another move into the red would not come as a surprise. There appears to be a long list of reasons to be a market bear right now – be it global growth fears, China’s slowdown, the health of Europe’s banks, to name just a few – but the case for bulls is becoming increasingly difficult. To make matters worse, fears around the Europe’s already fragile banking sector are growing on the ... (full story)

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