Data Down Under

On May 7, UK news providers announced that everyone should mark the date, as this was when the market would turn. Banks were deemed to be on the right track after large institutions such as BNP Paribas and Barclays reported profits in the first quarter and results from the stress tests were better than expected. It might go up from here, the late night news presenters suggested.

And after I did the second leg of the Asia-Pac Road Show together with the FISD in Singapore and Sydney, it did seem

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