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| Posted: Perhaps the pound could see some M&A-related demand from the news that UK aerospace firm BAE will sell some of its US assets for an estimated $2 bln. |
| Posted: Plenty of ammunition should the PBOC want to hike rates. With growth and inflation firm, a rate hike should nut upset the commodity markets or currencies very much. There may be a knee-jerk reaction on risk aversion if China hikes, but expect it to be short-lived. |
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