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US: Existing home sales rise less than expected in April

FXstreet.com (Córdoba) - Existing home sales rose 0.6% in April to a seasonally adjusted annual rate of 4.97 million, the highest rate since November 2009, according to the National Association of Realtors.

However, this reading missed expectations of a 1.5% rise to 5 million sales in April.

Flash: No change to monetary policy, as widely expected - Nomura

Nomura economists note that the Bank of Japan held its Policy Board meeting on last night and decided to keepmonetary policy on hold, as widely expected.
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Flash: No change at BoJ as Abenomic stutters - Societe Generale

Societe Generale strategist Alvin Tan notes that this morning, the BOJ pledged to maintain its commitment to double the monetary base between 2012 and 2014, so no change in policy.
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