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Global Markets Update: ECB to Launch 3 Year Liquidity Operation

Monday, 19 Dec 2011 | 6:15 AM ET

The European markets await euro zone news but rebound after a slow start. Italy's markets have a strong day and the UK struggles to get back into positive territory. Swedish Auto is down by 66 percent after Saab files for bankruptcy. And the euro is under pressure as the ECB announces it will launch a 3 year liquidity operation on Wednesday.