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UK: PSNB posts a deficit of £9.861B in January

UK Public Sector Net Borrowing was at £-9.861B, following £12.416B in December, National Statistics reported on Thursday. This the largest deficit since April 2012, but nevertheless a more positive result than market consensus of £-11.200B.

Forex Flash: The Fed is tilted toward the hawkish side - Nomura

Nomura Economists note that the minutes for the January 29-30 FOMC meeting revealed that many FOMC participants were concerned about potential costs of quantitative easing and that there was difficulty in setting numerical thresholds for tapering/ending QE3.
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Spain 10-y Obligaciones Auction declines to 5.202% vs 5.29%

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