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China’s NDRC: China to curb 'irrational' overseas investment along Belt and Road

Following its earlier headlines on fixed-asset investment, China’s state economic planner, the National Development and Reform Commission (NDRC), is back on the wires, via Reuters, this time emphasizing the need to strengthen rules to reduce risks to companies investing overseas.

Key Points via Reuters:

China will strengthen rules to defuse risks for domestic companies investing abroad and curb "irrational" overseas investment on its Belt and Road initiative.

"This is to promote the healthy and orderly development of foreign economic and trade cooperation."

Gold: USD 1,300/oz remains in play in the coming weeks – Standard Chartered

After surrendering their safe-haven bid, gold prices have regained traction following the release of the FOMC minutes and prices are likely tto breach
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USD/JPY holds weaker near multi-day lows, below mid-109.00s amid risk-off mood

The USD/JPY pair traded with a negative bias for the third consecutive session and was now seen heading towards the lower end of the weekly trading ra
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