Brazil HSBC PMI Manufacturing fell from previous 46 to 42.6 in April

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May 2, 2016

EUR/GBP reversing from 50-day SMA, holds above 0.7800 level

WTI trims losses, around $46.00

The barrel of West Texas Intermediate has retreated from earlier 2016 highs above the $46.00 mark, currently meandering in a narrow range near the $46.00 mark...