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US: CB Leading Indicator grows more than expected in April

FXstreet.com (Barcelona) - The US CB Leading Indicator increased 0.6% in April, compared with the 0.2% drop in March, the Conference Board revealed on Friday. Analysts expected a 0.2% rise.

Mersch reiterates asset-quality needed review for ECB

Earlier today, European Central Bank Executive Board member Yves Mersch said an asset-quality review and a stress test for European banks should be carried out by mid-2014, likely ahead of the central bank takes up supervision duties.
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GBP – under pressure - Commerzbank

The research team at Commerzbank note the recent break lower and say this is directional.
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