China seems routing US Treasury holdings through Canada – Bloomberg

According to a Bloomberg report, China seems to be moving United States (US) securities to non-US custodian banks in other countries, masking its role in financing US deficits.

 

Euro edges higher above 1.1200, traders brace for US PPI, Retail Sales data

The EUR/USD pair gathers strength to near 1.1215 during the Asian trading hours on Thursday. However, the potential upside for the major pair might be limited amid lingering concerns about France’s fiscal health.
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South Korea Money Supply Growth declined to 7.2% in August from previous 8%

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