China’s ban on the use of iPhones by government employees leads the entire index lower. Strong US data has also weighed on stocks as a final rate hike lurks
<h2>China Housing Situation an Overhang for Markets</h2> <p>Asian indices continued to trade down over the situation with property developers while US stocks advanced. Treasury yield
<p>People's Bank of China USD/CNY reference rate is due around 0115 GMT.</p><p>The People's Bank of China (PBOC), China's central bank, is responsible for setting the
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