A December to remember

05/01/2009 | 15:22 GMT

If you’re a car dealer, you’d probably rather forget.

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In-line CPI report leads to a blockbuster day for US stock markets
US stocks open higher led by the NASDAQ index
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Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
USD/JPY looks to US CPI report to potentially break ping pong range
BOJ reportedly erring towards keeping interest rates unchanged next week
USD/JPY back above 153.00

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