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Chinese Yuan extends its decline, and is...>

CHINA FX: Chinese Yuan extends its decline, and is likely going to be on back
foot at least near/short term. 
-The overnight news, that President Trump signed the HK bill, received wide
opposition from Beijing and Hong Kong, with the HK government expressing strong
opposition to U.S. legislation backing protesters in the Chinese-ruled city,
saying the bill will send the wrong signal to demonstrators. 
* With phase 1 still in the balance and next set of Tariffs set to hit on the
15th December. Investors will likely favour safer haven global Bonds (ie, JGB,
Tnotes and EU Govies). 
**USDCNH: Immediate resistance is seen at 7.0359. But fundamentals, rather then
pure technical are the drivers here.

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