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European Markets Moving Higher As China Flashes A Big Bullish SignalGregory White Jun. 9, 2010, 9:15 AM European markets are surging this morning on the back of positive data about Chinese exports. German DAX up 1.14% * French CAC 40 up 1.00% * UK FTSE up 0.46% * Allianz is a notable winner on the DAX, up 1.76% * Societe Generale is a notable CAC winner, up 2.80% Ireland continues to be a big worry, and that's reflected in the country's CDS. From CMA Datavision:[snip]

China space launch counts down Excitement is mounting ahead of the launch China is making final preparations for the launch of its first manned space flight. A rocket carrying the Shenzhou V spacecraft could blast off from the Gobi desert launch pad as early as Wednesday morning, if the weather stays favourable. There has been no official word on who will fly the craft, but Hong Kong media said the favourite was Yang Liwei, a 38-year-old from China's north east. Chinese President Hu Jintao and other senior leaders are believed to have flown to the Jiuquan space base to watch...