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Investors increased bearish bets on most Asian currencies, as a stuttering post-pandemic recovery in China, the world's second-largest economy, weighed on sentiment, a Reuters poll showed on Thursday.
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China has ramped up its effort to slow the depreciation of the yuan against the dollar this week and market participants widely believe that the People's Bank of China (PBOC) may follow up with more policy measures if the weakness persists.
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A look at the day ahead in European and global markets from Kevin Buckland
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A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
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A look at the day ahead in European and global markets from Wayne Cole.