China after returning from a very long weekend has posted another very strong CNY fix of 6.2670 down sharply from last Fridays setting of 6.2787. The cynical amongst us will say it is all down to the Strategic Economic Dialogue (SED) talks which kick off later this week between China and the US. The strong CNY fix should have a positive impact of other AXJ currencies. Next cab off the rank is the HSBC China PMI data which is due out at 0230GMT.