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Tuesday, March 2, 2010

Daily Forex Technicals

Wil stay with appropriately loose monetary policy, important to manage inflationary expectations say China Prem Wen - DJ
China Feb official PMI 52.0, 55.45 exp UK Feb Hometrack house price index rose +0.4% y/y, 1st annual rise since March 2008.

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"Wouldn"t hurt if banks held a bit more capital" say RBA Gov Stevens
Australia Q4 company gross profits +2.2% q/q vs. +2.3% exp
Australia Jan new home sales +9.5% m/m, houses +10.1%
Australia Feb PMI +2.8 pts to 53.8, output, new orders and deliveries higher. NZ Feb ANZ commodity price index jumped +3.8% to 220.3
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