More remarks crossing from China's Premier Li Keqiang, he is speaking at a World Economic Forum event in Tianjin

  • economy maintains steady growth, fundamentals healthy
  • there are significant changes in external environment
  • says difficulties in maintaining steady growth increasing
  • China has ample policy tools to cope with difficulties and challenges
  • Will keep macro-economic policies steady, will not resort to strong stimulus
  • Will fine tune policies in pre-emptive way
  • Won't devalue currency to stimulate exports

AUD getting a boost from the yuan comments … other currencies benefitting also, EUR/USD, gbp/usd. nzd/usd all a little better bid