The Securities Times reports on comments from researcher at Chinese Academy of Social Sciences, Gao Peiyong
- More "active and forceful" fiscal policy announced at Central Economic Work Conference will stay in effect for the next five years, not just 2016
- Fiscal policy will continue to be expansionary in 2016-2020 period
via Bloomberg
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Meanwhile AUD/USD ids making new session highs:
In the short-term resistance ahead around 0.7215/20 then 0.7250. Support 0.7165/70 then 0.7150