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PBOC: Will continue supportive monetary policy

The People’s Bank of China (PBOC) published its third-quarter monetary policy report on Friday, with the key findings noted below.

Will continue supportive monetary policy.

Will increase monetary policy regulation.

Will increase the precision of monetary policy.

Will maintain liquidity reasonably ample.

Guide reasonable credit increase.

Will make the promotion of a reasonable rebound in prices an important consideration of monetary policy.

Will push prices to stay at reasonable levels.

Will continue to enrich the monetary policy toolkit to improve the efficient use of funds.

Italy Industrial Output s.a. (MoM) registered at -0.4%, below expectations (-0.2%) in September

Italy Industrial Output s.a. (MoM) registered at -0.4%, below expectations (-0.2%) in September
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EUR/USD: Levels to watch are 1.0665 and 1.0600 – UOB Group

The Euro (EUR) is expected to trade in a range between 1.0740 and 1.0840.
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