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U.S. durable goods orders sustain robust growth

Bank Indonesia keeps key interest rate on hold at 3.75 pct

U.S. Consumer Confidence falls in September

Swiss franc likely to gradually depreciate against euro in coming months

Canadian employment likely declined in November, jobless rate to have risen to 9 pct

U.S. weekly jobless claims unexpectedly decrease

Taiwanese money supply continues to see strong growth, CBC likely to keep rates on hold in December

U.S. House prices increase slightly in July

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Philippine central bank keeps interest rate unchanged at 2 pct

Germany's unemployment exceeds expectations in September

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

Malaysian headline inflation falls further in October, likely to remain negative in 2020

U.S. existing home sales rise above expectations in October

United States building permits

Reserve Bank of India likely to stand pat in December

CNY-CNH spread continues to narrow

Wednesday, August 19, 2015 7:10 AM UTC

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PBoC set USD-CNY fixing rate at 6.3963 this morning, compared with yesterday's close of 6.3942. In the meantime, CNY-CNH spread narrowed to 453pips yesterday, from 497pips the day before and 628pips last Tuesday when China's central bank kicked off the "one-off devaluation". 

Data compiled by State Authority of Foreign Exchange (SAFE) suggest that Chinese companies and residents bought net USD 28.5bn equivalent foreign currencies (mostly in USD) from the commercial banks in July, the highest since March, reflecting rising incentives to hold US dollar in China's onshore market, notes Commerzbank.

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