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Published on Monday, March 7, 2016

Market Comment | Risk assets are supported by extended gains in oil prices

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Summary

Chinese forex reserves fall less than expected. China’s foreign currency reserves continued their negative trend in February, although the pace moderated (by USD30.6bn to USD3230.9bn; consensus: USD3190.0bn). This is the smallest decline in reserves in eight months. Nonetheless, with this new drop, reserves reached their lowest level since May 2012. Commodity prices and China’s better-than-expected […]