Probably an anticipated decision, China cuts interest rate again

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This morning China came with a set of data, possibly anticipated by investors and partially integrated into the markets. The manufacturing PMI rose to 49.9 points, Non-Manufacturing PMI increased to 53.9 points, HSBC Final Manufacturing PMI advanced at 50.7 points and the Peoples Bank of China announced they are cutting benchmark interest rates by 0.25%. The Chinese recovering process is clearly i...

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