Business: ForexLive Asian market wrap: China returns bringing good news with it

Shanghai opens +2% after week long holiday China reduces purchases of Japanese debt Japan's current account balance Y1.1 trillion Latest BOJ policy meeting minutes Moody's considers upgrade of Chinese government bonds RBA still upbeat; rates likely to rise at some stage Fairly quiet session ahead of some big risk events in the NFP number and the G7 FinMin meeting. The USD opened the session in a positive mood after some decent rebound gains overnight as short-covering finally kicked in.
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