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Flash: BoE minutes set to be released tomorrow - BBH

FXstreet.com (Barcelona) - Brown Brothers Harriman analysts note that the minutes from the BOE's meeting earlier this month will be released tomorrow.

They add that there had been some thought that the relative strength of the recent data and the desire not to pre-commit Carney could have prompted one of the three dissenters (which includes Governor King) may have defected. Further, they comment that although the MPC did not know today's data when it made its decision, some observers now play down this possibility. They write, “Sterling declined nearly a cent on the news, which has left the short-term technical indicators a bit stretched. Good bids have been seen in the last three sessions near the $1.5165 area. Immediate resistance is pegged near $1.5220.”

Commodities Brief – Precious metals trading at intraday lows, crude faces headwinds

Gold prices failed to confirm a bullish rebound and hold above the 1390.00 level, pushing back lower. For gold bears awaiting a confirmation of the upside reversal, it appears as though the wait will be longer than hoped for as the yellow metal waned during US trading off of the 1399 level (session high). At the time of writing, gold prices are now trading at USD $1363.60 per oz., establishing fresh intraday lows in these moments.
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Flash: Bourgeoning civil war in Syria could drive risk – Deutsche Bank

In a reminder of some of the geopolitical risks facing markets this year, the NY Times wrote that the civil war in Syria is in danger of escalating as Syrian government forces, backed by fighters from the Lebanese militant group Hezbollah, unleashed airstrikes against rebels in parts of the strategic region of Qusayr, close to the Lebanese border.
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