The Global Macro Pulse

In FX, AUD leaped above 0.88 and EUR rebounded to 1.280 post the China data. USDJPY fell marginally to 106.60. KRW and MYR led gains amongst Asian EM FX, up 0.6% and 0.4% respectively to 1054 and 3.260. USDCNH traded below 6.13 for the first time since March. The PBoC fixed USDCNY 25pips lower to 6.1410.

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