Flash: Xi tells local Chinese leaders to focus less on GDP growth - Nomura

Nomura Economist Zhiwei Zhang notes that Communist Party Chairman Xi delivered a speech to a party meeting on personnel and organization issues, in which he stressed that "we should no longer evaluate the performance of leaders simply by GDP growth.
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USD/CHF rebounding

USD/CHF reached a high last week at 0.9485 and has since rebounded from a low of 0.9420.
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