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Daily Insights 

May 28, 2015

Equities lose momentum in China

  • Equities weakened significantly in China, unwinding recent gains. The Shanghai Composite fell 6.5%, rolling back recent gains. The weakness spread across the region, with most major Asian equity markets trading weaker with the exception of Japan, where the Nikkei was up 1% on the back of USDJPY rising above 124.14, the weakest level for JPY since 2002.
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