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Polls force Spain to stall bailout; gold rally on QE: UBS

Stephane Deo, global head- asset allocation, UBS Investment Bank elucidates to CNBC-TV18 that regional polls in Spain in October has caused the government to stall accepting the bailout package as that would imply a failure of policy. Deo adds there would enough liquidity to trickle down even after the Fed‘s purchase of mortgage-backed securities

first published: Sep 26, 2012 04:39 pm

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