Market Drivers August 6, 2013 RBA cuts rates by 25bp buy statement less dovish UK MP/IP beat big Nikkei 1.00% Europe 0.04% Oil $106/bbl Gold $1292/oz. Europe and Asia: AUD RBA Rate Decision 25bo cut AUD Trade Balance 0.60B vs. 0.81B JPY Leading Index 107% vs. 108% EUR German Factory Orders n/a GBP Industrial Production 1.2% vs. 0.7% GBP Manufacturing Production 1.9% vs. 0.9% North America: USD Trade Balance 8:30 Cable continued to press higher in morning London trade today after both
Reported by FXstreet.com 40 minutes ago.
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