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Going dotty over the Fed

Weekly investor research

22 September 2014

China eases liquidity conditions in a bid to ease the effects of reforms, including interest rate liberalisation. Russian consumers are happy and the Russian stock market becomes Euroclearable. Polls continue to show Marina winning in the second round of the Brazilian elections. Ukraine’s parliamentary approval of a roadmap for EU accession lowers default risk, in our view. S&P downgrades Venezuela. Panama and Costa Rica replace Denmark as the happiest countries on earth, but why are the happiest countries always the smallest countries?

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