February
Risk assets begin the year on a positive note
Risk assets have had a positive start to the year on the back of continued stronger data from the US, signs of a soft landing for the Chinese economy and hopes for policy easing as a result. The liquidity injection from the European Central Bank (ECB) in December through its long-term refinancing operation for European banks and, more recently, an indication from the US Federal Reserve (Fed) that it will keep interest rates at record lows until 2014 have also helped support risk appetite.
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