US Dollar Index drifts lower to near 98.00 ahead of US PPI data

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note near 98.15 during the Asian trading hours on Friday. Expectations that the Federal Reserve (Fed) will cut rates in September weigh on the DXY.
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China Fixed Asset Investment (YTD) (YoY) registered at 1.6%, below expectations (2.7%) in July

China Fixed Asset Investment (YTD) (YoY) registered at 1.6%, below expectations (2.7%) in July
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