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CBRC: China banking sector assets up 10% y/y at end-October

According to the latest data published by the China Banking Regulatory Commission (CBRC) said on Monday, the value of assets held by China’s banking sector rose 10% to 241.58 trillion Yuan ($36.61 trillion) as of end-October compared with a year earlier, Reuters reports.

CBRC noted that the liabilities rose 10% y/y to 222.66 trillion Yuan.

NZD/USD drops further to test 0.6850 on China stocks-led risk-off

The selling pressure seen around the NZD gathered steam in Asia, knocking-off NZD/USD to the lowest levels in three-day at 0.6854 levels, as risk-off
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Risk aversion drives USD/JPY lower

A move higher to 113.70 (200-day MA) in USD/JPY has been undone, courtesy of the risk aversion in the Asian equity markets. As of writing, the USD/JP
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