All eyes on Europe

Global central bank move triggered rally across the globe last week. The markets were moving sideways in the initial days, but by the end of the week market sentiments turned positive. Economic data showed that economies of developing countries are slowing down due to the central bank's previous rate hikes to curb inflation and recessionary pressure in the West. This had prompted many central banks to take some bold steps to boost growth. China has cut the reserve ratio of banks for the first

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