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Copper rose 0.5% on the LME to $14 313.50 a ton as of 11:58 a.m. Singapore time.
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Hong Kong listing reforms and surging domestic deposits, bank, and trade data show a regional financial system funding its own future. The post Who’s Funding the Asian Century?
Estonia's harmonized index of consumer prices (HICP) rose 0.5 percent in September compared with August according to a flash estimate from Statistics Estonia.
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USD/JPY declines after two days of gains, trading around 157.90 during Asian hours on Friday. The Japanese Yen (JPY) gained momentum following stronger-than-expected inflation data from Tokyo, putting downward pressure on the pair.
Friday posts are about the weird and wonderful side of econ research and the studies that are so clearly wrong that you wonder how anyone ever thought it would be a good idea to post them online.
Foreign currency non-resident inflows have significantly bolstered rupee stability and India's balance of payments. However, the current support from these inflows may not suffice for long-term external stability. Foreign institutional investor flows are crucial for maintaining economic balance as the support from FCNR is absorbed.
