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17 Mar 2020

China’s NDRC: Economy will return to normal in Q2

China’s state planner, the National Development and Reform Commission (NDRC), said on Tuesday, the economy will return to normal in Q2.

The Commission added that Beijing still has ample policy tools and will roll out relevant policy reserves at an appropriate time.

NDRC said it approved 19 fixed-asset investment projects worth CNY 185.3 bln in Jan-Feb. According to China’s National Bureau of Statistics (NBS), Fixed asset investment for the same period stood at -24.5% YoY vs. +2.8% expected and +5.4% last. 

Mar 17, 2020

USD/MXN Price Analysis: Mexican Peso sees an oversold bounce

The Mexican Peso (MXN) is showing signs of life at press time, having dropped to record lows on Monday. The local currency is currently trading at 22.
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Mar 17, 2020

BOJ offers $30.272 bln USD liquidity via its 84-day operation, largest amount since Dec 2008

BOJ offers $30.272 bln USD liquidity via its 84-day operation, largest amount since Dec 2008 more to come ...
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