ICYMI today is a holiday in japan, markets are closed
- cash trade in US Treasuries is closed until Europe opens … this is a big factor in keeping forex restrained this session
- Singapore and Hong Kong are open as normal but so far little impetus from trade in these centres
PBOC skips open market operations (21st session in a row)
- no RRS mature today, thus neutral from the bank
The countdown is on! China press reports the PBOC may continue skipping RRs right through November
And some other bits and pieces re China so far;
