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Australia National Australia Bank's Business Confidence (QoQ) up to 2 in 1Q from -5

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Commodities Brief: Precious metals approaching previous lows as Asia trade heats up

The precious metals markets are trading sharply lower during Asia trade, with gold down 2.03% at 1350 and silver down 3.13% at 22.58. The short term bounce that played out over the last few days looks to be coming to an end as the US Dollar regains strength after cautious comments from ECB officials earlier today.
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