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China’s prime lending rates were unchanged. The MSCI Asia Pacific Index, which rallied more than 4% last week, traded heavily today though China and Taiwan's markets managed to post small gains.
Germany is putting together a supplemental budget on top of the current projections.
The US dollar is finding support a little below CAD1.2600. The momentum indicators are still headed lower, but the market seems hesitant with the greenback flirting with level not seen since late January.