Higher Yielding Currencies Maintain Gains, Eyes on U.S Manufacturing Sector

01 February 2012 @ 10:06 am EDT

A green cheery day so far; a sequence of relatively good macroeconomic data and successful bond sales across the globe flipped yesterday's gloomy mood. Starting from Asia; China's factory sector expansion in January was the first push for markets today, at the same front; German manufacturing output rose as well, which was the first rise in seven months, while Euro zone CPI flash estimates a measure of inflation remained steady in January at 2.7% annual rate.

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