Topic: Daily Market Updates
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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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Dollar steadies after clocking fresh peaks
Euro hits lowest level in 6 weeks, sterling buoyed by hot UK data, C$ falls to 11-week low.
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Global yields rise despite weaker China
Elevated core inflation supportive of the pound, the grass is greener in the US, and China pushed down euro below $1.09.
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Dollar consolidates gains ahead of Fed minutes
Euro sticks to lower orbit, sterling boosted by sticky core inflation, and risk aversion weighs on C$.
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UK services inflation accelerates again
Pound edges up after inflation, euro steady despite weak China data, strong US consumer helps dollar.