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Asia Fades Thursday’s Move


AUD/USD Back To 0.6900


The Dust Settles After ECB

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CHINA: Fitch Ratings raised forecast for China GDP growth this year to 6.6% on
Thursday, up from 6.5% made in March. It also raised 2019 outlook by 0.2
percentage point to 6.3%. Fitch cited momentum in export growth, real estate
investment, and recent uptick in y/y industrial production growth. It noted the
risk that U.S. tariffs on Chinese exports may still negatively impact trade.

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