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investingLive Americas FX news wrap 30 Sept: Softer PCE fails to hold yields down; Dow ends September at June lows

Softer inflation gave markets some breathing room early Wednesday. But by the end of the session, Treasury yields were higher, the dollar had strengthened against most major currencies, and the stock market’s gains were concentrated in the Nasdaq indices. The economic picture was mixed. August PCE inflation came in below expectations, second-quarter growth was revised higher, and a larger goods…

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What China's Golden Week closures mean for the yuan, futures and Asian liquidity

Hong Kong will trade on October 2, 5, 6 and 7 without Stock Connect flows in either direction, which may leave China-focused and dual-listed shares on thinner, more offshore-driven liquidity. With the onshore yuan market shut, offshore yuan carries price discovery with less depth, and mainland commodity and financial futures are closed, so traders lose Chinese price signals for a week. Any news…

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