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

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

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

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

MNI BRIEF: China Visitor Mobile Payments Surge in H1

Riksbank Shouldn’t Place Too Much Weight On The Q2 GDP Indicator

MNI: SWEDEN Q2 GDP +0% Y/Y

MNI: SWEDEN JUN RETAIL SALES -0.1% Y/Y

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

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FOREX

Major currency pairs have stuck to tight ranges so far, ahead of the release of U.S. NFP report. A modest risk-on feel materialised in early Asia-Pac trade, as encouraging earnings reports from Snapchat and Amazon fuelled recovery in U.S. tech equities, which has reduced demand for safe haven currencies at the margin.

  • The yen has regained poise after finishing Thursday as the worst G10 performer, albeit it still struggles for any topside momentum. Its safe haven peers USD and CHF trade on the back foot.
  • The kiwi dollar sits atop the G10 pile as we type. Government data showed that NZ job ads rose about 1.0% Q/Q in the final quarter of 2021, following an upward revised 0.8% gain recorded in Q3.
  • Apart from U.S. jobs data, today's data highlights include Canadian labour market report, EZ retail sales & German factory orders. Central bank speaker slate features BoE's Bailey, Broadbent & Pill, ECB's Villeroy & the new Norges Bank Governor. BoJ Gov Kuroda speaks in parliament as we type.
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