MNI: PBOC Net Drains CNY349.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1124 Fri; +2.56% Y/Y

CHINA PBOC CONDUCTS CNY30.1 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1124 FRI VS 7.1299

MNI BRIEF: Inflation's Down, Not There Yet - Fed's Barkin

MNI BRIEF: Jobless Claims Stays Low, 2Q GDP Revised Higher

Australia Jun Retail Sales +0.5% M/M

Japan Jul Retail Sales +2.6% Y/Y

Japan Jul Ind. Output +2.8% M/M; First Fall In 2 Mths

UK: Week Ahead

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In the past, it's not unusual for dollar....>

US TSYS
US TSYS: In the past, it's not unusual for dollar funding issues to crop up
going into year-end. Nomura strategists suggest, however, that due to the slow
pace of the Federal Reserve's balance sheet reduction that started in October,
they "do not expect acute funding pressures in the near term." Nomura notes
"over the next three month period, total liquidity drain (driven by the Fed's
B/S policy) will be $60bn," while foreign bank funding needs have "subsided" as
they have "broadened their funding options...and because the debt ceiling
curtailed the TGA cash balances in the system. In comparison," Nomura adds, "in
the three months leading up to theOctober 2016 money market reform deadline,
prime money market funds suffered more than $600bn of outflows."
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