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Global Markets Update: The Italian Bond Auction

Thursday, 29 Dec 2011 | 5:10 AM ET

U.S. futures are mixed this morning. In Europe, slim gains as markets look to respond to today's 8.5 billion euro Italian 3- and 10-year bond auction. Yields are lower than in November. The euro is down against the dollar. In Asia, markets are also looking to the Italian auction. The euro/yen hits a decade low. And the Shanghai Composite is slightly higher.