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May 22, 2012 11:30 PM EDT
Updated: Aug 10, 2010 7:04 AM EDT  

Focus Stories

 

1.       All eyes on the FOMC at 2:15, growing consensus seems to be fed will resist pressure to take direct action but may tweak language.

2.       China imports and property prices light.

3.       GDF Suez agreed to take majority control of the UK’s International Power creating the world’s biggest independent power producer.