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When central banks surprise like this some investors wonder whether that infers things are much worse than they thought, our initial take is these developments are pressing down on market confidence, seen in lower bond yields and equities.

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    Quiz

    Are you a quotes master?

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    "Who steals my purse steals trash; But he that filches from me my good name robs me of that which not enriches him and makes me poor indeed."
    A lincoln
    B Marcus Aurelius
    C Othello
    D Julius Caesar