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USDCNH trades at 6.8874, just off of.....>

CHINA YUAN
CHINA YUAN: USDCNH trades at 6.8874, just off of its daily highs and still shy
of the August 3 peak at 6.9127. 
Despite renewed yuan weakness, it has actually been among the best performing EM
currency is recent trading as investors have shifted their focus to EM with
weaker external balance sheets, which has seen Asian FX on the whole outperform.
- The yuan's real effective exchange rate now trades at a 3-week high. 

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