Tuesday, April 28, 2015

Daily FX Update, 28 April 2015


v  US Dallas Fed manufacturing survey remained in contraction territory in April
v  US Markit Services PMI softened to 57.8 in April from 59.2 in March
v  Greek markets buoy by news of the overhaul of the bailout negotiating team
v  Fitch Ratings downgrades sovereign ratings of Japan
v  China’s interest-rate swaps decline to the lowest level since 2012 
v  Profits earned by Chinese industrial firms fell 0.4% y/y in March to CNY508.61 billion

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