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

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

MNI: UK JUN M4 MONEY SUPPLY +0.5% M/M, +1% Y/Y

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

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

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USD/ZAR Afloat Despite Strong Gains For Gold

ZAR

Weaker than expected U.S. data (JOLTS job openings, factory orders) have applied pressure to the greenback, helping USD/ZAR stay in positive territory after the rate reversed its earlier losses. It last trades at ZAR17.8722, up 230 pips on the day, refusing to ease off despite a decent upswing in gold prices.

  • Local-currency bond yield curve has twist flattened, yield last sit +3.1bp to -3.0bp. The FTSE/JSE Africa All Share Index has added ~1%, printing its best levels since Mar 10.
  • The aggregate BBG Commodity Index is little changed, but the precious metals subindex has soared ~2.5% to fresh cyclical highs.
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