Russia S&P Global Manufacturing PMI: 48.3 (March) vs previous 49.5

Asian stocks gain with Kospi soars on improving risk appetite

Asian equities rise as improved global sentiment boosted regional markets following a strong rally on Wall Street overnight. Risk appetite improves on rising hopes for Middle East peace resolution.
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USD: Petrodollar shift and chip trade – Commerzbank

Commerzbank’s Volkmar Baur argues that fears over an end to the petrodollar do not automatically imply a loss of the US Dollar’s reserve status.
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