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The euro made the biggest headlines this week, rising on the news that the European Central Bank (ECB) would reduce the amount of money involved in quantitative easing, but then fell when it was announced the programme would be extended.
The European Central Bank has announced yesterday its commitment to extend its quantitative easing programme to the end of 2017 and longer if needed.
The UK suffered a slump in figures for October’s manufacturing sector, which surprised the markets as investors were expecting a continual rise.
Volatility following the Italian referendum has already calmed, although political uncertainty within Italy and Europe will continue to be a theme.
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