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Key events comong up - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank noted the key events ahead with Central Banks the theme once again.

Key Quotes:

"As we scratch our heads today and wonder what hand grenades central banks will throw next we can also look atQ4 GDP in Indonesia, expected to contract 1.5% QoQ but still be up 4.9% YoY, continuing a gradual process of deceleration."

"Germany has factory orders, seen rebounding 1.5% MoM, but still up only 0.7% YoY."

"The Eurozone publishes economic forecasts, and we also hear from the ECB’s Weidmann and Praet, as well as Knot, who is testifying on QE in the Dutch parliament. What, if anything, will they say about recent volatility?"

"The Fed’s Rosengren also speaks on sovereign risk (though presumably he won’t refer to the fact that at least a major central bank that starts with the letter ‘E’ is perhaps triggering that outcome)."

"The BOE also has its monthly rate decision. After the spectacle other central banks have just made of themselves we can hopefully assume that there will be a typically British stiff upper lip (and a lack of any action) in Threadneedle Street: or, “Keep Calm and Carry On Doing Nothing.”"

China: Expect a lot more monetary easing in 2015 - Nomura

According to Nomura, the move by the PBOC to cut the reserve requirement ratio (RRR) for banks by 50bp on Wednesday is much needed and just the beginning of a series of monetary easings.
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AUD/USD jumps to fresh session highs, 0.7800 in sight

AUD/USD reversed previous losses and edged higher as traders digest slightly positive OZ housing data, while shrugged off mixed retail sales numbers.
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