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Fed's stress test: banks better prepared for downturn

Stress tests results in the US, conducted by the Fed an an exercise required under the 2010 Dodd-Frank financial overhaul, have shown that 17 out of 18 banks stress tested meet the minimum requirement of tier 1 capital above the 5% threshold, noting that banks could weather sharp downturn with adequate capital.

Wall Street closes at multi-year highs ahead Jobs report

The US stocks market closed Thursday session with gains as risk environment was boosted by Mario Draghi's bullish comments on the Eurozone growth. The Dow and the S&P 500 extended winning streak to five sessions. The DJIA ended above 14,300 for first time ahead of jobs report
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Forex: Euro is alive and jumps above 1.3100; More risk appetite expected

It's alive! The Euro is alive and finally it has waken with the EUR/USD jumping above the 1.3100. Mario Draghi fueled the pair as he said that a gradual recovery in the Eurozone will start in the second half of 2013. The EUR/USD advanced in the American session moving off recent sub-1.3000 levels to reach fresh March highs at 1.3120. Currently the pair is trading in consolidation mode between 1.3100 and 1.3110.
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