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Talk of China to lower 2015 GDP target

FXStreet (Bali) - There is talk that China's 2015 GDP target is to be lowered in the coming months, reports Reuters, citing information from China Business News.

While the Chinese government may indeed adjust its targeted growth target to a more realistic level - decision still not made on the official number -, with the whisper number being circa 7%, unless they announce a level sub-7%, it shouldn't come as a major surprise to financial markets.

AUD/NZD consolidates strong bear trend

AUD/NZD is trading at 1.1075, up 0.07% on the day, having posted a daily high at 1.1083 and low at 1.1054.
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New Zealand REINZ House Price Index (MoM): 1.4% (October) vs 0.2%

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