FOREXLIVEPolitical uncertainty in France and a lack of clarity regarding the ECB's next monetary policy steps are said to be reasons weighing on economic sentiment in the latest survey. Domestically speaking, a fall in German exports by more than expected is also contributing to the softer mood overall. That despite a better headline reading, which is still deeply negative.
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Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.
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