China Caixin China Services PMI came in at 51.2 below forecasts (52.6) in February

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Private demand to rise on negative rate effects – BOJ’s Nakaso

Bank of Japan (BOJ) deputy governor Hiroshi Nakaso is now crossing the wires, backing the case for accommodative policy stance, while expecting that the Government efforts to stimulate growth should start materializing.
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China: Caixin Services PMI unexpectedly drops in Feb

Caixin Purchasing Managers’ Index (PMI) report showed that the Chinese services sector activity expanded at a slower pace last month, surprising markets to the downside.
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