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Parasnand Madho
15 Apr, 2011 | 10:10 AM
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Traders will be focusing on earnings today after Google reported disappointing first quarter results and a surge in spending.  Investors are concerned on reports of higher inflation in China, India, and Europe.  The Chinese and Indian governments are expected to do more to curb rising prices.  China has already increased interest rates four times in the past several months.  Also, Moody's downgraded Ireland's debt rating by two notches to Baa3 from Baa1 and kept a negative outlook on the country. ...