Markets Nervously Eye Greek Talks

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As we near the end an action-packed week market participants appear to be on edge as negotiations on a Greek debt-swap deal extend to a second day. With markets still digesting the outcome of the FOMC meeting held earlier in the week, today’s focus will switch to crucial US GDP data which is expected to indicate accelerated growth for the fourth quarter of 2011.

At home there are further signs of stress in the economy with the CBI retail sales balance yesterday indicating the lowest reading since March 2009.

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Markets Nervously Eye Greek Talks

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