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IMF's Lagarde - Global economy improving, demographics a challenge to Asian growth story

Managing Director of the International Monetary Fund (IMF), Cristine Laggard, while speaking in Tokyo, said-

  • The two big challenges to Asian growth are demographics and productivity
  • The global economic situation is improving

USD/CNY fix projection: 6.6315 - Nomura

Analysts at Nomura offered their model projections for today's fix. Key Quotes: "Our model1 projects the fix to be 99 pips higher than the previous
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AUD/USD - Post-RBA sell-off stalled around 61.8% Fib, eyes China trade data

The post-RBA sell-off in the AUD/USD ran out of steam around 0.7632 (61.8% Fib R of May/Sep rally) as the 10-year treasury yield dropped to a three-we
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