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Read a Sample King Report - January 20, 2015 – Issue 4925

Several impact events and stories appeared over the holiday weekend.

François Hollande, France’s president, on Monday said, “The European Central Bank will on Thursday take the decision to buy sovereign debt, which will add significant liquidity to the European economy, and that too could be favourable to growth.”

The Nationalbank of Denmark, in a preemptive move ahead of QE, cut its lending rate from 0.2 per cent to 0.05 per cent and the deposit rate from -0.05 per cent to -0.2 per cent, leaving both in line with the ECB equivalents. Unlike the Swiss, the Danish central bank will keep its euro/krone peg.