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Emerging market currencies and stocks were subdued on Tuesday, as many traders returned after a long weekend to digest mixed factory activity data ahead of the U.S. Federal Reserve's rate decision this week.
China's non-manufacturing activity expanded at a slower pace in April, official data showed on Sunday, a discouraging sign for policymakers counting on services consumption to offset frailty in the factory sector amid slack global demand.
Concerns about the U.S. banking system fuelled bids for safe-haven government bonds on Wednesday, while money markets nudged down expectations for the European Central Bank's (ECB) tightening path.
Argentina's industrial output fell 1.4% in February from a year ago in non-seasonally adjusted terms and decreased 1.3% from January in seasonally adjusted terms, the government's INDEC statistics agency said on Wednesday. (Reporting by Hernan Nessi; Writing by Aida Peláez-Fernández...
Euro zone government bond yields edged lower on Monday, just off their multi-week highs, as inflation fears kept investors focused on expectations for more monetary tightening.
Malaysian palm oil futures established a tight trading range on either side of 5,550 ringgit per tonne on Friday, as market participants took stock of volatile global markets while still assessing the impact of Indonesia's new curbs on palm exports.
Malaysian palm oil futures staged a late rally Friday to secure a close above 5,600 ringgit a tonne, after hovering below that level for the majority of the day in fairly quiet trade.
Japan's economy shrank slightly faster than initially reported in the third quarter, as a sharp rise in local COVID-19 cases hit private consumption and a global chip supply shortage hurt corporate sentiment.