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SBP reserves drop 2.6% to $7.1b

KARACHI: The foreign exchange reserves held by the central bank fell 2.6% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday. The central bank received the first tranche from IMF of $991.4 million on July 9, after …Read more

Morning Report APAC Market recovers USD on the back foot

In Europe Auto stocks led the way up 15 with BMW higher by 26 after Goldman Sachs upgraded its recommendation 1Q operating profit 38 YoY to HK71b while revenue 5 YoY to HK247b China Unicom 762 issued a profit warning expects
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Impact of rupees fall will be felt after a year SBP official

In the quarter foreign remittances increased 13 trade deficit narrowed 16 and current account deficit shrank 26 He however admitted that inflation had also increased due to the rupees fall but said in order to control price hike the SBP was
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UK stocks end slightly higher but post biggest weekly drop since March

The UKs main stock index ended the session slightly higher on Friday but the benchmark posted its biggest weekly percentage drop in months as investors compared with the 26 gain that had been expected Excluding fuel they were up 37 above
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Non-dipping pattern relates to endothelial dysfunction in patients with uncontrolled resistant hypertension

The nighttime drop in systolic BP SBP and diastolic BP DBP was less pronounced in UCRH than in CRH SBP 1916 versus 4917 DBP 7518 versus 10918 UCRH and CRH respectively P005 FMD was greater in control group compared with
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Germany Avoids A Technical Recession

Consumption recovered 06 from -02 dip Exports also recovered 09 in Q4 after a -14 drop in Q3 business investment jumped 24 EURUSD was hovering just above its recent 3-month lows but unable to get back above the 113 level in the session
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Markets Live Miners pull shares down

450pm European stock index futures are pointing to a dip at the open as shares continue to zig-zag while trading volumes drop with investors moving to the sidelines and waiting for clear moves by central banks before increasing their exposure to equities
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