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US: The Donald' Cruzs' in Republican race - Investec

Research Team at Investec, notes that yesterday the US Republican Presidential hopeful Ted Cruz made a last stand against 'The Donald' at the Indiana primary.

Key Quotes

“After outspending his rival and spending the last two weeks campaigning flat out, a pronounced Donald Trump victory has led to Ted Cruz pulling out of the Republican race. This now leaves The Donald virtually unopposed and looking likely to become the Republican nominee.

For the Democrats, another Bernie Sanders win keeps his hopes of beating Hilary Clinton alive but with her large tally of Super Delegates this seems unlikely. The recent difficulty of Clinton to win primaries comes as the first poll has been released showing Trump leading Clinton in a hypothetical general election between the two in November. The Rasmussen poll had Trump leading Clinton by 41% to 39%, although an average of polls taken so far still gives Clinton a seven point lead.”

USD/JPY focus is now on 107.40 – UOB

According to the research team at UOB Group, the pair has now shifted its focus to the 107.40 level...
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