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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

Muted EM markets ahead of the......>

EMERGING MARKETS
EMERGING MARKETS: Muted EM markets ahead of the Fed
-USD/CNH inched to the week's best levels at 7.0679 as Reuters reported that the
'phase one' agreement between the US and China may not be signed at November's
APEC meeting despite earlier reports suggesting the opposite. Nonetheless, the
moves were somewhat muted, keeping CNH within its recent range.
-ZAR saw some frenetic activity upon release of the SA government's plans for
beleaguered utility Eskom, with markets reacting negatively to the plan's lack
of coverage for debt restructuring. The tick lower in ZAR was quickly reversed,
however, keeping focus on Wednesday's mini-budget for more clarity.
-The Wednesday session sees data and central bank activity pick up, with Mexican
GDP, South Africa's mini-budget release and the Brazilian central bank rate
decision all due. Brazil are expected to cut rates by 50bps at Wednesday's
meeting.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com