*CORRECTED TAG* USD/CNH last deals at....>

CHINA YUAN: *CORRECTED TAG* USD/CNH last deals at CNH7.0428, 36 pips worse off.

A softer than expected PBoC fix triggered an uptick, which was promptly erased

as the central bank announced that it will offer CNH30bn worth of bills in Hong

Kong next week. A strong Caixin m'fing PMI print has applied fresh pressure to

USD/CNH as the index unexpectedly rose to 51.7 from 51.4, indicating the fastest

pace of expansion since Feb 2017. It is worth highlighting, however, that all

those moves have been contained to a tight range.

- The Central Committee of the Communist Party of China concluded its four-day

closed-doors plenum. Party off'ls discussed the HK situation, pledging to

"establish and perfect the legal system and enforcement mechanisms" in the city.

- The rate charted a Doji yesterday, with a jump to intraday highs noted as BBG

reported that China has doubts re: signing a long-term trade pact with Trump.

- The pair dropped below the Sep 13 low of CNH7.0312 yesterday, but failed to

challenge the 100-DMA, today at CNH7.0256. A fall under the 100-DMA would play

into the hands of bears. Bulls look for a break above CNH7.0503, the low of Oct

14, before turning focus to the 21-DMA at CNH7.0827.