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Global Markets Update: Ireland to Hold Referendum on New EU Fiscal Treaty

Tuesday, 28 Feb 2012 | 11:28 AM ET

European markets close higher after a choppy session. Portugal passes bailout review by troika. European bank stocks are down ahead of Wednesday's ECB cash injection. Ireland to hold referendum on new EU fiscal treaty. Borrowing costs fall at Italian auction of 10-year debt. With Daniel Stecich, TJM Institutional Services, and Steven Ricchiuto, Mizuho Securities.