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In a move interpreted by the market as boosting the political chances of her opponents, this morning German chancellor Angela Merkel, dressed all in black for her first public comments on Monday's tragic incident, said the deadly truck attack on a Berlin Christmas market was likely an act of terrorism and pledged to punish those responsible for the attack "with the full strength of our law." In a nationally televised statement in Berlin, Merkel said she was "horrified, shaken and deeply...
It appears nothing can stop the upward moment of equities heading into the year end, and as has been the case for the past few weeks, US traders walk in with futures higher, propelled by European stocks which climbed to their highest in almost a year, while the dollar rose and bonds and gold fell, failing again to respond to a series of geopolitical shocks following terrorist attacks in Ankara, Berlin and Zurich.
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