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Italy Upgraded At Fitch, Affirmations Elsewhere

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GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

CHINA PRESS
MNI (London)
CHINA PRESS: Financial markets are optimistic the yuan will remain stable at its
current level against the U.S. dollar, rather than depreciating to test the 7
level, the China Securities Journal said Friday.
- The dollar index may be unlikely to continue pushing higher, which help to
ease the external pressure on yuan, the Journal said.
- Internally, with a series of policies to stabilize economic growth, and the
regulators' effort to strengthen macro-prudential management, the yuan rate will
remain basically stable at a reasonable and balanced level, the Journal said.
(Link to the story: https://bit.ly/2DEkgU4)
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com