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More here: Race for Negative 30-Year Yields Underway, Swiss In Front With 0.295%; Futulity of Draghi’s Upcoming QE
Because of increase strength in the Krone and speculation Denmark would abandon its peg, Danish central Bank Slashes Rates to -20bps . The central bank in Copenhagen lowered its deposit rate to minus 0.2 percent from minus 0.05 percent, according to a statement today. The lending rate was cut to 0.05 percent from 0.2 percent.
Reuters reported Sunday afternoon that Ukrainian troops retake most of Donetsk airport from rebels .
See the article here: Sneakin’ In To The USA: Remake of Surfin’ USA: Remake of Sweet Little Sixteen
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Link: Is Faith in Central Bankers Ending? Disinflation or Deflation? Yen-Gold, Euro-Gold Trend Breaks
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See the original article here: Economists Still Upbeat: Retail Sales Drop Seen as "Blip"
Visit site: Retail Sales Post Huge Downward Surprise; Lower GDP Revisions Coming Up; Economists Easy to Surprise