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Snapshot: Europe

This week is another quiet week for economic data and events in the United States, and with only a scattering of corporate earnings reports due out, markets will likely focus their attention overseas for direction. Saber-rattling in Iran as inspectors from the International Atomic Energy Agency make a two-day visit to Iran as well as the reserve requirement ratio cut by the People’s Bank of China (PBOC) over the weekend of February 18-19 will compete with the aftermath of the $172 billion bailout deal for Greece that was reached earlier this week.

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