Waiting on Bernanke´s testimony

Risk appetite took a significant hit yesterday, as German IFO and US consumer confidence failed to impress the markets and concerns over Greece?s impending 24 hour strike weigh on sentiment. US equity closed down and today Asian and European markets followed. This was in spite of the positive economic data from Japan, that looked encouraging, as Jan trade surplus Y85.2 bln vs. Y108.5 bln deficit…

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