Japan Flash Manufacturing PMI - Output rises at quickest rate in 47 months

The Nikkei Flash Japan Manufacturing Purchasing Managers’ Index (PMI) printed at 54.4, beating the estimate of 54.3 and up from the previous month's figure of 54.00. 

Key points 

Output expands at the quickest rate in 47 months.

Inflationary pressures intensify.

New orders continue to rise sharply..

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Japan Ministry of Finance reported a 9.3 percent year-on-year rise in exports in December, underscoring a steady growth in external demand. Markets we
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USD/CNY fix projection: 6.3903 - Nomura

Analysts at Nomura offered their model projection for today's fix. Key Quotes: "Our model1 projects the fix to be 106 pips lower than the previous f
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