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18 Aug 2017

PBOC drains net CNY 110 bn via OMOs this week

PBOC drains a net CNY 110 bn via Open Market Operations (OMOs) this week versus a net drainage of CNY 30 bn seen last week.

Meanwhile, the Central bank injected CNY 70 bn via 7 day reverse repos and CNY 50 bn via 14-day reverse repos today.

Aug 18, 2017

China home price growth eases in July, slowest since August 2016

Reuters out with the latest all China new home prices data for the month of July, revealing that the new home prices arrived at +9.7% y/y versus +10.2
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Aug 18, 2017

AUD/JPY turns positive, risk reversal continues to rise

AUD/JPY has recovered losses and currently trades on the front foot around 86.45 levels. The cross is eyeing the 50-DMA hurdle located at 86.53 levels
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