ForexLive Asia-Pacific FX news wrap: USD slid a little ...Middle East

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China treasuries fall after state media says trading accounts must not be borrowedHow the S&P 500 predicts the winner of the US Presidential electionSociete Generale says its too early to call a US recessionICYMI - Ex-ECB Constancio says September rate cut only a 50-50 chance - inflation concern"No need for the Bank of Japan to raise interest rates much more than it has done"China July 2024 CPI +0.5% y/y (expected +0.3%) and PPI -0.8% y/y (expected -0.9%)PBOC sets USD/ CNY reference rate for today at 7.1449 (vs. estimate at 7.1690)Bank of Japan is unlikely to raise interest rates again soonICYMI - Westpac revised their RBA forecast, see first rate cut in February 2025Japanese stocks to rebou

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