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By Summer Zhen HONG KONG, Sept 24 (Reuters) — China's yuan dipped against the dollar on Thursday, as rising near-term Federal Reserve rate hike expectations drove the greenback higher, while cautious investors awaited the outcome of the Trump-Xi summit in Washington. The US dollar rallied to its highest level in nearly
The offshore yuan weakened past 6.71 per dollar on Thursday, hitting its lowest level in nearly three weeks, as a firm US dollar and uncertainty over the extension of the US-China trade truce weighed on the currency. The greenback remained supported by rising expectations for further policy tightening, with markets now
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI