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Adrienne Minor

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The next version of Google’s Android operating system, nicknamed KitKat, was launched today, along with the new Nexus 5 flagship phone.

[U.S. and European flags overlaid]
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With data showing that U.S. business activity was stronger than expected in October and that euro zone inflation is at its lowest point in nearly four years, the market assumed that the U.S. Federal Reserve Bank may step back from easy money in December, while the European Central Bank (ECB) will be forced to accelerate easy money.