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Risk appetite takes a knock in recent......>

CHINA FX
CHINA FX: Risk appetite takes a knock in recent trade, with the likes of CNH,
AUD and equity futures shedding some of the morning's strength after a Chinese
MOFCOM statement vows that countermeasures will be taken against the US'
intention to add Chinese media firms to their foreign-mission list. MOFCOM add
that the US' abuse of export restrictions is benefiting no-one, adding that they
will protect the legal rights of Chinese firms.
- USD/CNH bounces off the overnight lows at 7.0814, but fails to make any
headway above 7.10 before reversing.

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