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China manufacturing data under the microscope, with Asian currencies braced for more bad news

Summary:
[unable to retrieve full-text content]From coronavirus risks to talk of a reduction in US stimulus, there is been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure.Traders are looking to Chinese factory data for clues on the global outlook after the world’s second-largest economy slowed more sharply than expected in July.The nation’s key manufacturing gauge has fallen since April and a slide into contractionary territory could spur a rise in risk-off sentiment…

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[unable to retrieve full-text content]
From coronavirus risks to talk of a reduction in US stimulus, there is been no shortage of bad news for Asian currencies. An upcoming report on China’s manufacturing sector may add to the pressure.Traders are looking to Chinese factory data for clues on the global outlook after the world’s second-largest economy slowed more sharply than expected in July.The nation’s key manufacturing gauge has fallen since April and a slide into contractionary territory could spur a rise in risk-off sentiment…

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