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MNI: PBOC Sets Yuan Parity Lower At 7.1090 Fri; +2.73% Y/Y

CHINA PBOC CONDUCTS CNY292.6 BLN VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1090 FRI VS 7.1286

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Japan Tokyo Sep Core CPI +1.8% Y/Y

MNI: JAPAN SEPT SERVICES PPI +2.6% Y/Y; AUG REV +2.8%

MNI JAPAN OCT TOKYO CORE CPI +1.8% Y/Y; SEPT +2.0%

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CANADA: Politics Week: Trudeau Faces More Pressure To Resign

CANADA: Politics Week: Parliament Opens With Early Election Threats

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Interesting note re Fed cuts and weak consumer...>

US
US: Interesting note re Fed cuts and weak consumer sentiment in August, from
UMich survey: "The main takeaway for consumers from the first cut in interest
rates in a decade was to increase apprehensions about a possible recession.
Consumers concluded, following the Fed's lead, that they may need to reduce
spending in anticipation of a potential recession. Falling interest rates have
long been associated with the start of recessions"
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