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CHINA PRESS

China Needs Not to Take G7 Seriously: Times

CHINA PRESS

PBOC May Boost Net Injection by MLF: Journal

KRW

Runs In To 50-DMA

CHINA PRESS

Yuan Faces Stronger Depreciation in H2: News

SGD

MAS Survey Predicts Faster Growth

AUSSIE
AUSSIE: AUD/USD last $0.7289, punching a fresh session high at $0.7294 as
European traders begin to file in, although the rate has stuck to a ~30 pip
range, and had no notable reaction to the latest round of Chinese trade data.
- Limited reaction/spill over from the latest RBNZ MonPol decision in NZ.
- Rate touched 6-week highs of $0.7300 on Wednesday but failed to break above
the figure. The Sep 26 high is placed behind at $0.7315, ahead of the $0.7400
congestion zone. Bears initially need a break back below the broken falling
trendline at ~$0.7246 before they can turn their focus to the 50-DMA at $0.7160.
- Focus on tomorrow's RBA SoMP & Aussie housing finance data.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com