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Morgan Stanley expects the yuan to rise to 6.70 near term and 6.75 by year-end on stronger growth and improved risk sentiment but sees limited further upside, arguing the currency is not significantly undervalued. The CFETS index shows the yuan has m

2026-05-13

Morgan Stanley expects the yuan to rise to 6.70 near term and 6.75 by year-end on stronger growth and improved risk sentiment but sees limited further upside, arguing the currency is not significantly undervalued. The CFETS index shows the yuan has mostly caught up after earlier weakness. This contrasts with more bullish forecasts from Goldman Sachs, JPMorgan AM, and Lotus Asset Management, which see potential gains toward 6.5–6.2.

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2026-05-13

The Eurozone's first-quarter GDP growth rate was revised to 0.1%, below the expected 0.10% and the previous figure revised from 0.10% to 0.2%.

The Eurozone's first-quarter GDP growth rate was revised to 0.1%, below the expected 0.10% and the previous figure revised from 0.10% to 0.2%.
2026-05-12

PETROBRAS TO SEE BENEFITS OF HIGHER OIL PRICES IN 2Q, CFO SAYS

PETROBRAS TO SEE BENEFITS OF HIGHER OIL PRICES IN 2Q, CFO SAYS
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