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China fx reserves see 9th straight month of gains

The Chinese central bank, the PBOC, is out with the latest monthly report on the country’s forex reserves, with the key details found below.

China forex reserves end-Oct USD 3.1092trln vs 3.1085trln prev

9th straight month of gains

Gold reserves $75.238bln vs $76.005bln prev

European Monetary Union Retail Sales (MoM) registered at 0.7% above expectations (0.6%) in September

European Monetary Union Retail Sales (MoM) registered at 0.7% above expectations (0.6%) in September
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CME’s Melamed: Bitcoin a new asset class, not a crypto-currency – RTRS

Leo Melamed, Chairman Emeritus of CME Group told Reuters in an interview on Tuesday, Bitcoin is not simply a crypto-currency but will emerge as a new
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