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Global markets trading under pressure on Spain downgrade

PUBLISHED ON: October 23, 2012 | Duration: 4 min, 17 sec

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Jeremy Cook, chief economist at World First, speaks to NDTV about global stock markets, which are trading mildly under pressure as markets focus on Moody's downgrade of some regions in Spain. Markets are now eyeing the two-day Federal Reserve meet, although they do not expect a change in the Fed's stance.
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