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Fed must spend up to stop markets going into tailspin
Central bankers would like to be able to get back to business as usual.

Stocks slide overnight as China hikes rates
Stocks in Europe and the US slid as China unexpectedly increased its benchmark interest rate and after Apple's earnings forecast fell short of some expectations.

<i>Liam Dann</i>: Feel the excitement as aussie rises
Waiting for that magic moment when one Australian dollar can buy one US dollar has assumed a symbolic importance.