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PBOC: Another big liquidity injection today

As part of its open market operations, the PBOC injected 140bn yuan via 7-day reverse repos today, which follows 100bn yuan injection on Thursday.

PBOC sets USD/CNY at 6.4585 vs 6.4490 last close

PBOC sets USD/CNY at 6.4585 vs 6.4490 last close
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AUD/USD: rally capped post positive Chinese data

AUD/USD was a mixed bag on the surprise upside in the Chinese data that has shown the manufacturing sector has slotted itself back into expansion for the firs time since mid-2015.
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