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Italy PD party chief meeting with President Napolitano on mandate to form new govt

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Notes/Observations - Moody's raises outlook on Italy to stable from negative; affirms Baa2 sovereign rating, says Letta resignation did not alter expectations - Japan Q4 preliminary GDP comes in weaker-than-expected with QoQ: reading of +0.3% a 12-month low vs.s 0.7%e - (CN) China Jan New Yuan Loans hit a 4-year high (CNY1.3T vs. CNY1.1Te) - Italy PD party chief meeting with President Napolitano on mandate to form new govt - Trading volumes light with US markets closed for President Dat Reported by FXstreet.com 2 days ago.

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