Topic: Daily Market Updates
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Local FX hit as US shares reverse ahead of Powell speech
Other key US sharemarkets also weaker with the Dow Jones down 1.1%.
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China disappoints with smaller than expected rate cut
Aussie, CNY weaker initially, but later rally.
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China rates in focus as key markets start new week near lows
Aussie hit by China worries, weaker local data.
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FX volatility grows as China pushes back
Red-hot US economic data scales back expectations for rate cuts.