ForexLive Asia-Pacific FX news wrap: A subdued range session for major FX ...Middle East

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Geopolitics & Commodities:

Brent crude is marginally lower on the session, reflecting muted market reaction.

Q1 GDP rose just 0.2%, missing forecasts; annual growth remained at a tepid 1.3% as public demand and exports dragged.

AUD/USD dipped on the release but quickly recovered, and is now little changed in a narrow range.

Two Chinese nationals have been charged in the U.S. for smuggling a dangerous fungus considered a potential agroterrorism threat.

South Korea:

The index has now extended its gains for the year, buoyed by hopes of policy shifts and political stability.

AUD swings in a small range only:

This article was written by Eamonn Sheridan at www.forexlive.com.

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