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USDCNH has eased from its daily highs of......>

CHINA
CHINA: USDCNH has eased from its daily highs of 6.8462, currently trading at
6.8364, but bulls remain in charge with yesterday's sharp selloff quickly
reversing and re-establishing the steep uptrend. 
- US-CHY interest rate swap spreads continue to support greenback strength with
as the spread moves increasingly in the US's favour. The 2-year spread is now at
5bps, the highest since the global financial crisis. 
-Chinese equities are also coming under pressure with key support levels for the
major indices giving way. The CSI 300 has broken below 3500 and the HSI has
broken below its 21 DMA, with both markets now susceptible of revising their
cyclical lows. 

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