Topic: Daily Market Updates
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Greenback gains further after retail sales bump
USD higher as retail sales stay hot. China GDP seen as likely to slow. US industrial production due.
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FX markets calmer after Friday’s geopolitical sell-off
Global markets recover on Monday. Powell’s cautiously optimistic tone to be tested. Central bank divergence driving FX markets.
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Euro slips to multi-month lows with ECB open to cuts
ECB next in line to cut? USD/SGD in focus with MAS due. Bank of Korea to hold steady.
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USD highest since November as red-hot CPI ends June hopes
USD surges after CPI. Intervention watch in Asia. ECB in focus.
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AUD nears 3-month highs ahead of US CPI; RBNZ due
Greenback lower ahead of CPI. RBNZ due. China’s fix in focus.
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Greenback lower even as US shares fall, bond yields climb
USD weaker despite higher bond yields. Gold’s gains not helping Aussie. Australian, US housing remain strong.