Topic: Daily Market Updates

“Core” inflation creates headaches; CNY collapse continues.

Fed chair reiterates that further rate hikes are likely.

FX markets cross Asia rebounded as the US dollar fell.

The US dollar was stronger overnight as global sharemarkets took another step lower.

The Fed’s decision to keep interest rates on hold last week has been one key driver of the recent gains.

USD index climbs from one-month lows as worries about higher European interest rates hit risk sentiment.