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U.K. Industrial Output Falls U.K. manufacturing output fell unexpectedly in April following a strong gain the previous month, but was stronger than expected on an annual basis. (WSJ)

ECB Raises 2010 Growth Forecast The European Central Bank left its key interest rate unchanged at 1% and raised its forecast for growth in the euro zone this year, but lowered its forecast for 2011. (WSJ)

BOE Keeps Policy on Hold The Bank of England kept its key interest rate and bond-buying program on hold, as the central bank awaited further clarity on the U.K.’s economic and fiscal outlook. (WSJ)

India: strong industrial production figures boost growth hopes. April IP jumped 17.6% YoY. (FT)

Signs of widespread worker action in China Reports are emerging that the labour protests in the Communist country are far more widespread and co-ordinated than previously thought (FT)

Peru hikes rates amid strong growth forecasts (FT)

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