Russia HSBC Manufacturing PMI : 47.6 (January) vs previous 48.9

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Global growth concerns continue to benefit Yen – BTMU

Lee Hardman, Currency Analyst at Bank of Tokyo-Mitsubishi UFJ, comments that building global growth concerns and more risk-averse trading conditions has led the Japanese Yen to strengthen and decreased the certainty of further BoJ easing in the near-term.
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UK manufacturing output expands for twenty-third consecutive month

The seasonally adjusted Markit/CIPS Purchasing Manager’s Index rose to 53.0 in January, creeping higher than December’s revised reading of 52.7 (upward-revised from 52.5).
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