Region: Asia Pacific
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FX volatility grows as China pushes back
Red-hot US economic data scales back expectations for rate cuts.
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Yuan, Aussie at new lows as China fears mount
Negative mood sees the US dollar in favour.
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China rate cut no help as Aussie hits nine-month lows
Reserve Bank of New Zealand decision due at 12.00pm AEST.
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China worries hit markets, but late US rally saves the day
USD/JPY rises to “make-or-break” level
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USD higher despite weaker CPI as bond yields spook markets
Kiwi at lows ahead of RBNZ next week.
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Global markets weaker ahead of US CPI
Key long-term bond yields remain elevated, hitting investor sentiment.