Risk appetite continued to power the Euro higher as US stocks soared in today’s trading. In a roundup of data from around the world the Bank of Japan unveiled a new program to stimulate lending, a measure of German investor confidence slid sharply, and UK inflation was tamer than expected. In US data a regional US manufacturing survey showed activity expanding, import prices slid, homebuilders became more pessimistic, and foreigners continued to flock to US Treasuries.

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