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High fructose corn syrup (HFCS) has come under fire from a variety of sources as an unhealthy sweetener too frequently used in beverages and other food products. HFCS is low in cost and food manufacturers have found it easier to incorporate into their products, but it has been suggested that it is contributing to the obesity epidemic.

High fructose corn syrup (HFCS) is a mixture of fructose and glucose, both components of common table sugar. The difference is in the ratio of the two in HFCS, which causes the body to respond differently. Researchers from Princeton have completed a study that attempts to prove the validity of the effects of HFCS on obesity. Initial findings look good, but industry professionals have been quick to point out the numerous flaws in the study and methodology employed.

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Going forward into the European session, eyes would be on the performance of the EUR after the 12-year bond sale by Greece flopped, receiving bids for only 390 million EUR on a cap of 1 billion. Not only was this ill-advised; but it has actually revived concern in Greece’s ability to cover its debts and the doubts over self-funding. Traders will keep an eye on the German employment change data which is expected to remain unchanged from last month at 8.2% while the Euro Zone unemployment rate expected at 10% (previous 9.9%) and CPI estimate (expected 1.1%, previous 0.9%) hold greater prominence when it comes to policy decision.