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Asian markets are gearing up for a potential rebound on Tuesday after a lackluster start to the week. Japanese equities are in a good position to gain momentum as the yen weakened to its lowest level in nearly three months.

The dollar saw a significant jump of nearly 1% against the yen, reaching its highest point since August. This has a notable impact on the correlation between the yen and Japanese Stocks, with a weaker yen typically leading to stock market gains.

However, a strong dollar can pose challenges for emerging markets, especially with rising Treasury yields. The 10-year yield reached a three-month high on Monday, raising concerns about Inflation, debt, and deficits.

Chinese markets started the week positively after the People’s Bank of China cut lending rates and Beijing announced measures to support innovative tech companies. However, export figures from Taiwan indicated weakened demand from China, highlighting the country’s economic challenges.

In Asia, key data releases include Hong Kong consumer Inflation, South Korean producer price Inflation, and New Zealand trade figures. South Korea’s PPI has shown signs of cooling, with a steep decline in August.

The IMF and World Bank meetings are set to begin in Washington, where global finance officials will discuss economic issues. The upcoming days will see a flurry of meetings and discussions that could impact financial markets.

Key developments for Tuesday include Hong Kong consumer price Inflation, South Korea producer price Inflation, and a speech by the Reserve Bank of New Zealand assistant governor, Karen Silk.

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