Big Rally Happening In The US And Europe

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Photo: Gabby Canonizado 02, Flickr

Risk appetite is seeing an impressive turnaround this morning.Things had gotten off to a negative start when Asia opened, as investors reacted badly to Chinese trade figures which were controversial.

But European investors have a different take on things it seems, and gains are being seen everywhere.

Spain is up 0.86%. Italy is up 0.99%.

Peripheral borrowing costs are down again.

US futures are higher.

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