China FDI - Foreign Direct Investment (YTD) (YoY) climbed from previous -6.2% to -5.3% in August

OCBC strategist Christopher Wong observes that the US Dollar (USD) has eased modestly as UST yields and Oil retraced from their post-FOMC spikes. He sees the move as consolidation, with further USD gains likely needing another leg higher in UST yields.