United States MBA Mortgage Applications up to 2.3% in May 20 from previous -1.6%

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Germany: Mixed signals with a slight positive slant - TDS

Research Team at TDS, suggests that following on the heels of a very mixed ZEW report yesterday and a misleading PMI on Monday
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China: Not letting market forces drive the yuan - BBH

Research Team at BBH, notes that earlier today, the PBOC "fixed" the yuan at its lowest level since March 2011 as the dollar has been trending higher
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