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Published on Thursday, October 17, 2013

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Asia Flash | 17 Oct 2013: China and the UK boost financial ties, lifting London as offshore RMB center; China Q3 GDP expected to rise to 7.7% y/y with moderate recovery on track

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Summary

Asian markets were generally higher today on news of the US debt ceiling agreement. Predictably, risk-sensitive assets performed best, exemplified by the AUD, rising to 0.96 against the USD.

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