MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

MNI BRIEF: China State Planner To Increase Trade-in Support

Japan Tokyo Jul Core CPI +2.2% Y/Y

MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

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

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The precious metal slowly grinded higher.......>

GOLD
GOLD: The precious metal slowly grinded higher after printing a new near 3-week
low of $1271.36, the move coincided with dollar profit taking in
USD/YEN in the early NY session. 
The release of better than expected US Durable Goods Orders witnessed the yellow
metal drop to fresh session lows of $1271.09. Traders have started to talk of
support at the $1270.00 level.
As House Speaker Ryan commented on the tax overhaul, combined with USD/MEX
falling in reaction to Banxico announcing increase in FX hedges in auctions,
witnessed bullion spike to recovery highs of $1279.39. Traders reported a buyer
of 17,000 gold futures (worth about $2B notional).
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