Friday: Australia's jobs market loosens

Softer than expected US inflation data drags US yields down again. Australia’s unemployment rate drops, but falling hours worked indicate a softer labour market. Taiwan’s central bank holds rates, but the Bank of Japan could hike later today.

In our bonus deep dive interview, ANZ Senior China Strategist Zhaopeng Xing explains why additional stimulus should be expected sometime later this year, as China’s domestic demand remains weak.

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