Morning Headlines 09/01/2014 1. FED to reduce QE at a slow pace http://www.irishtimes.com/business/economy/world/fed-plans-to-proceed-cautiously-in-slowing-quantitative-easing-1.1648759 2. Tough trading period for retailers http://www.independent.ie/business/irish/tesco-lowers-profit-range-after-drop-in-christmas-sales-29901651.html 3. ECB Rate Decision http://www.bloomberg.com/news/2014-01-09/european-stock-futures-little-changed-before-ecb-meeting.html 4. Betting against China http://www.marketwatch.com/story/carson-block-backs-china-short-calls-as-buyers-circle-2014-01-08 5. RSA teh truth behind the headlines http://www.rte.ie/news/business/2014/0109/496708-rsa-review/