Sunday, August 3, 2014

Asian Market Update: Portugal Bails Out BES, China Non-Manufacturing PMI Slows

Sentiment in Asia is mixed, reflecting lukewarm response to a somewhat disappointing employment data in the US on Friday and conflicting developments around the world over the weekend. Currency market volatility also remains limited, as USD pared its recent post-GDP/Fed gains after the miss on the jobs figures. EUR/USD traded



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