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Markets should not be too optimistic....>

CHINA PRESS
CHINA PRESS: Markets should not be too optimistic about the dovish policy of the
U.S. Federal Reserve and be prepared for less action on interest rates rather
than expect deep cuts, according to a commentary in the China Securities Journal
on Thursday. The newspaper noted that the dollar is holding up well with the
U.S. dollar index fluctuating higher since July, with rises in safe-haven golds
and bonds lacking momentum. Any U.S. rate cut could be "preventive" and may not
be as deep as the market expects, Securities Journal said. 

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