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Global Markets Update: Talks Between Greece & Debt Holders Resume

11:28 AM ET Thu, 26 Jan 2012

European markets close higher on the heels of yesterday's Fed announcement. Miners lead the markets higher. Talks between Greece and private sector debt holders resume today. The euro touches a five-week high against the U.S. dollar. Italy sees solid demand at auction for 2-year debt. Lagarde says that if necessary, the public sector should participate in debt reduction. With Deutsche Bank CEO Josef Ackermann.