China: Surprise for markets – Rabobank

Rabobank analysts note that China offered the markets a new year’s gift lowering the required reserve ratio for commercial banks by 50bps to 12.5%. Ke
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GBP/USD: Recovery mode intact on 1.32 after UK Final Dec Manufacturing PMI disappoints with 47.5

The UK manufacturing sector activity contraction slowed a bit in the month of December, the final report from IHS Markit showed this Thursday. The sea
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