Headlines Discussed at LNWM’s Monday morning briefing:

The Federal Reserve’s latest press release did not include the words “will be patient,” opening the way for interest rate increases this summer or fall.

Wage growth decelerated in the Eurozone, to 1.1% in fourth-quarter 2014 (vs. 1.4% in the third quarter).

Japan’s trade deficit fell 47% for the 12 months ended February, on strong exports and cheaper energy.

Chinese home prices continued to decline in Feb.; virtually all 70 mid- to large cities had lower pricing.

Israel’s Likud Party won the national election, with Netanyahu remaining as Prime Minister.

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