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Aussie Tanks As RBA Responds To Inflation Data

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    European equity markets are expected to open slightly higher on Tuesday following mixed trade in Asia overnight, as Chinese manufacturing data disappointed but the Reserve Bank of Australia cut interest rates to record lows of 1.75%. The decline further into contraction territory in the Caixin manufacturing PMI came as a[​IMG]

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