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Apr 1, 2013
Forex: USD/JPY dips further, 94.00 holds
Following soft Tankan survey in Japan and disappointing China PMI manufacturing below expectations although still above previous one, and few minutes away from China HSBC final PMI Manufacturing, Nikkei index is down -1% and USD/JPY at 94.17, about flat for the session.
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Apr 1, 2013
China HSBC at 51.6, meets expectations
The HSBC Purchasing Managers’ Index came at 51.6 in March, up from 50.4 in February, "signalling a modest improvement as operating conditions in the Chinese manufacturing sector improve for five consecutive months" HSBC said.
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