Topic: Daily Market Updates
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Aussie, kiwi lead losses as higher oil prices bite
Rising global bond yields pressure markets. Chinese yuan stronger on Beijing summit reset. Global PMIs and Fed minutes in focus.
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Chinese yuan gains as Xi–Trump talks continue
Chinese yuan stronger on $30bn olive branch hopes. USD gains for third day after this week’s hot US inflation. Aussie, kiwi retreat from recent highs.
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Aussie ends highest since April 2022 ahead of Xi–Trump summit
All eyes on Beijing. Aussie hits highs even as wages cool. Services inflation keeps Fed cuts off the table.
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USD gains as hot inflation spooks markets
Greenback recovers from recent lows as US inflation jumps. Aussie budget hits with confidence stuck in a rut. Cautious Japanese consumers keep USD/JPY in the spotlight.
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AUD back at highs ahead of budget
Aussie higher as government spending in focus. Bessent’s Asia tour: FX takes centre stage. China inflation pushes USD/CNH to a three-year low.
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Oil jumps as Trump calls Iran offer “totally unacceptable”
Brent crude back above USD 100 per barrel. Aussie supported by oil. US CPI and Australian wages in focus this week.