China Keeps Lending Rates Steady Amid Trade War Tensions

China has maintained its key lending rates steady in an effort to support the yuan, despite macroeconomic data remaining strong. This decision comes as trade war tensions continue to rise, increasing bets for potential economic stimulus measures. Meanwhile, the Australian Dollar has appreciated to four-month highs due to weakening of the US Dollar, driven by economic concerns. Asia-Pacific markets have traded mixed as China keeps its benchmark lending rates unchanged. — new from Reuters

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