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S&P cuts China to A+ from AA-; Outlook Stable

The US-based ratings agency, Standard and Poor’s (S&P) is out with its latest credit rating review on China, slashing the country’s sovereign credit rating one notch lower.

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S&P cuts China to A+ from AA-; while keeps the Outlook Stable

EUR/USD stalls post-FOMC slide, back above 1.19 handle

The EUR/USD pair finally seems to have broken out of its post-FOMC consolidation phase and recovered over 40-pips from the 1.1865-60 region. With inv
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AUD: Don’t fret the fall in iron ore - ANZ

Iron ore dipped around 10% over the past five sessions and is now trading below USD70 a tonne – the lowest level in almost two months, following weakn
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