Chinese Q4 GDP might remain unchanged at 7.3% y/y – Danske

The Danske Bank Team anticipates tomorrow’s Chinese Q4 GDP release to show that the growth remain unchanged at 7.3% y/y, further adding that the government might cut its 2015 GDP target to 7.0%.
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ECB QE program may be larger than market expectations – BTMU

According to Derek Halpenny, European Head of GMR at Bank of Tokyo-Mitsubishi UFJ, the ECB QE program is expected to be more than the market expectations of EUR500bn but less than EUR 1trn, which might lead to a period of reversal in EUR/USD.
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