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Futures Slide As Global Stock Rally Fizzles Hit By Soaring Yen

Is the dead cat bounce over? European shares rolled over this morning after a late downswing in Asia as markets struggled to find stability despite Monday's frenzied rally, with futures this morning a bit of a mess. "I think what we are seeing is a little bit of a consolidation,” said DZ Bank strategist Christian Lenk. “Given the pace of the move so far, we had to take a break somewhere and we have reached that region now.
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