This continues with their moves from earlier:
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PBOC lowers standing lending facility rates by 10 bps
- This will apply across all maturities, as announced by China's central bank
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- PBOC sets USD/ CNY reference rate for today at 6.8622 (vs. estimate at 6.8206)
- Singapore exports surge on AI demand, beating forecasts
- Japan officials' 'no comment' when asked if BoJ hike delay could trigger sharp yen fall
- PBOC is expected to set the USD/CNY reference rate at 6.8206 – Reuters estimate
- Trump pump again - says war in Iran "should be ending pretty soon"
- Bank of Japan Governor Ueda "no comment" on declining mkt expectations for April rate hike
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