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"The Ibovespa rebounded from its lowest level in two weeks as speculation that China is planning to increase its stockpiles of base metals lifted miner Vale SA, the world’s biggest producer of iron ore, and steelmakers including Gerdau SA.", www.bloomberg.com
"A precipitous slump in the peso and flight by investors from Mexican debt have put Mexico's central bank on the horns of a dilemma as it considers whether to hike interest rates in an effort to stop the peso's slide or stand pat.", www.financialexpress.com
"A gauge of price expectations in U.K. is showing persistence of soft inflation, ignoring the pound’s weakening as polls show a tilt toward Britain’s exit from the European Union. The sterling five-year inflation swaps rate, locked five years ahead, is at 2.96%, approaching year-to-date low of 2.86%. The Deutsche Bank AG’s pound trade-weighted index is at 80, compared with this year’s highest level of 86.", www.bloomberg.com
"European luxury-goods makers are adjusting to slower growth by shrinking their store networks. Suitmaker Ermenegildo Zegna reduced its shop count by 15 in the first quarter, the most of any luxury brand, according to Exane BNP Paribas. Moncler, known for its puffy winter jackets, was one of only a handful of companies to add multiple boutiques as it has fewer stores than most peers.", www.bloomberg.com
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