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Kiwi Kept In Check Despite Risk-On Impulse


(Z1) Strong Weekly Close

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The Nikkei 225 now trades a little over 1% lower on the day, with e-minis also seeing a downtick. This has seemingly resulted in a round of JPY strength, with the currency now sitting atop the G10 FX leader board. There hasn't been much in the way of meaningful headline flow observed to trigger such moves, with most of today's regional focus falling on the previously outlined headlines re: Chinese property developers.