Region: Asia Pacific

FX markets end mostly flat as tensions ease. PBOC moves about liquidity, not growth. Copper surges to two-year highs, but doesn’t help Aussie.

US dollar stages comeback as Philly Fed comes in hot. GBP mostly lower ahead of UK retail sales. Malaysian GDP due.

USD lower on intervention fears. Australian jobs due. US labor market key for greenback.

Fed looks to “higher-for-longer” rates. NZD CPI higher than RBNZ forecasts? Singapore slows amid tight labor market.

USD higher as retail sales stay hot. China GDP seen as likely to slow. US industrial production due.

Global markets recover on Monday. Powell’s cautiously optimistic tone to be tested. Central bank divergence driving FX markets.