Australia Unemployment Rate Hits 4.5% as Jobs Fall in July 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
US Dollar Hits Three-Month Low as Treasury Yields Fall 
Gold Holds Above $4,500 as Dollar Weakens 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Oil Prices Rise as Trump Threatens Tougher Iran Economic Measures 
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The People’s Bank of China (PBoC) is expected to raise the interest rates on its MLF loans by 10 basis points again as the Federal Reserve remains on track to deliver a 25 basis points rate hike next Thursday.
PBoC Deputy Governor Chen Yulu said at a forum on Saturday that the central bank will purse "neither loose nor tight" monetary policy to ensure liquidity remains basically stable, creating a "neutral and appropriate" financial environment for supply-side reform.
Further, the central bank on Monday resumed 28-day reverse repo sales to inject liquidity into the banking system ahead of the half-year end when the so-called Macro-Prudential Assessment (MPA) for Q2 is due.
"Meanwhile, we stay watching the headlines on US political controversy and ECB monetary policy meeting that could dampen market sentiment and undermine most EM Asian currencies," Scotiabank commented in its latest research report.
