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PBOC Official: Coronavirus outbreak has impact on firms' ability to repay bonds but overall effect not huge

The coronavirus outbreak has impact on firms' ability to repay bonds but overall effect is not huge, an official at the People’s Bank of China (PBOC) said on Monday.

He added that he still expects bond default risks to decline overall this year.

EUR/JPY: Looking high – Commerzbank

EUR/JPY shot aggressively higher at the end of last week and has eroded the mid October high at 121.47. Karen Jones of Commerzbank sets the new target
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EUR/USD: German IFO to drive the day

EUR/USD stages a solid rebound on Friday amid stronger Eurozone PMIs and softer USD. Investors now look forward to the German IFO survey for some shor
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