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Moody's - Leverage in China to increase at a slower pace

Comments from ratings agency Moody's crossing the wires via Reuters-

  • Economy-wide leverage in China will continue to increase, albeit at a slower pace than before
  • Risk and opportunity in China's deleveraging and strong regulation
  • Says in 2018, EBITDA growth will outpace debt growth for the majority of the rated Chinese SOEs

GBP/JPY - Yield differential favors bears, focus on UK CPI

Having witnessed a bearish pin bar reversal in the last two trading days, the GBP/JPY is trading on the back foot in Asia. As of writing, the pair is
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GBP/USD - Bearish MA cross, US-UK yield spread rises ahead of UK CPI

The GBP/USD fell for the second day yesterday and closed at 1.3337, leading to a bearish 5-day MA and 10-day MA cross. Yesterday's close was also belo
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