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| Asia AM Digest: Aussie, Singapore Dollar May Fall on China PMI ... underperform relative to economists' expectations. A downside surprise here may negatively affect currencies whose associated countries have key trading relationships with China. This includes the Australian Dollar and some ASEAN bloc currencies like the Singapore Dollar or Indonesian Rupiah .
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| Treasury Yield Above 3% Dents Demand for Risk Assets The MSCI Emerging-Market Currency Index fell for a fourth week, the longest losing streak since October. A gauge tracking developing-market stocks retreated 1 percent. The Bloomberg Barclays index for EM local currency government bonds slid 1.4 percent, its biggest loss since December 2016.
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