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Expect to see UK CPI fall - TD Securities

FXstreet.com (London) - Research teams at TD Securities expect to see CPI in the UK to fall from 2.8% to 2.5% Y/Y in April.

They said core prices will be the driving factor here, as they’ll likely be a little softer due to the big drop in package holiday prices that have affected inflation through most of the rest of Europe. Outside of core, the UK will have higher food prices helping to balance out lower fuel costs. The release of data is coming up at 09.30 BST and is high on the agenda for today.

Asian equity markets a mixed bag Tuesday

Asian equities managed to follow up yesterday’s robust performance with a generally mixed day – indices traded softly, devoid of any large-scale surges or movements.
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Flash: Japan, The big asset allocation debate - Nomura

Nomura Strategist Jens Nordvig notes that since Mr Kuroda‟s big announcement, the focus has been on where Mr Kuroda‟s money would go
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