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China will hold key data this week, watching growth - UOB

Analysts at UOB Group explained that, in Asia this week, key data will be from China.

Key Quotes:

"Key data will be from China, including the 4Q 2017 GDP data, Dec property prices, retail sales, industrial production and fixed asset investment which are all scheduled on Thursday. 

Some moderation is expected for China’s growth to 6.7% y/y in 4Q after unexpectedly strong 6.9% in the first three quarters of 2017. That will put 2017 growth at a comfortable 6.8%." 

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Analysts at Scotiabank explained that GBP/USD is firm on the face of it, reaching the 1.38 level for the first time since Brexit earlier.  Key Quotes
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USD/CAD drops back to test 1.2400

The USD/CAD pair failed to recover ground and dropped back toward the 1.2400 regions. The recovery from previous lows was capped below the 1.2450 area
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