People's Bank of China says liquidity in the banking system is relatively high and thus the Bank skips OMOs again today ... 12th straight day

  • No net injection nor drain (no reverse repos mature today)

Big devaluation for the onshore yuan today from the Bank ... biggest move weaker for it from the Bank since January of 2017

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and, still to come from China today .... 0130 GMT ... China inflation data is due today - preview