MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

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CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

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Asia Sov Curves Steepen, INDON Outperforms

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Risk continued to claw back with funds........>

FOREX
FOREX: Risk continued to claw back with funds reversing out of safe havens Fri
at moderate pace. Calming noises heard from officials on the progress of
US-China trade negotiations but full on risk appetite seen needing US Trump's
stamp of approval. Market seen wary of a potential presidential flip. 
- USD/JPY extended its recovery to Y108.86(Nov14 high), off Thursday lows of
Y108.24, while EUR/CHF extended its recovery off yesterday's low of Chf1.0863 to
Chf1.0946. Apart from the move out of safe havens the USD was seen soft Fri
despite better than forecast US Retail Sales, other data was seen mildly
disappointing. US equities were firm which also added to a better risk on feel. 
- Sterling gained another electoral boost as 43 Brexit Party candidates agreed
to stand down, though seats were seen as non-marginal, and 31 of these in
Scotland where Leave-supporting parties were always likely to struggle. Cable
managed to make a show to $1.2919 on the election news. EUR/GBP, though
retaining a heavy feel, remained off recent lows. EUR/USD edged to $1.1055, this
level holding the strikes of E1.31bln of expiring options Monday, of which
E1.05bln are EUR puts.
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