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SAFE: China current account surplus at reasonable level - RTRS

Headlines crossed the wires from China’s forex regulator, the State Administration of Foreign Exchange, after publishing China’s current account data.

Key Quotes:

China current account surplus at reasonable level,

Equivalent to 2.5% of GDP

Current account surplus (USD) Q3: 71.2B

WTI remains depressed near $44.60, focus on NFP

Crude oil prices are extending on Friday their weekly decline, dragging the West Texas Intermediate to the vicinity of the $44.30 area per barrel. WT
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EUR/USD bullish, targets 1.1145/1.1200 – UOB

The FX research tem at UOB Group sees the outlook on EUR/USD on the bullish side, with the next target in the 1.1145/1.1200 band. Key Quotes “The ra
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