EURJPY TECHS

Breaks Through Channel Base

USDJPY TECHS

Attention Remains On The Bear Channel Top

EURGBP TECHS

Approaching Key Support

GBPUSD TECHS

Pulls Back From Key Resistance

EURUSD TECHS

Sell-Off Extends

EQUITIES

European Stocks Edge Higher

CHINA PRESS
CHINA PRESS: The China Bank Regulatory Commission will tighten regulations on
city commercial banks in a bid to prevent liquidity and credit risks, the 21st
Century Business Herald reported Tuesday, citing Cao Yu, vice-chairmen of the
CBRC. These regional banks are struggling to obtain deposits, particularly when
regulators are cracking down on interbank transactions as part of their
deleveraging campaign, the report said. According to the CBRC, assets of city
commercial banks increased 24.5% year-on-year to CNY28.24 trillion at the end of
2016, an asset growth rate 8.7 percentage points higher than the average of the
banking sectors, while their liabilities rose 25% to CNY26.4 trillion, the
report said. (21st Century Business Herald)