Fitch constructive on Yuan outlook, Chinese economy

Fitch Sovereign Ratings Director Fennell is crossing the wires, via Bloomberg, noting neither a large yuan fall nor a China hard landing are expected.

China PBOC injects CNY60 billion via 7-day reverse repos

MNI quoting traders, China PBOC injects CNY60 billion via 7-day reverse repos.
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Japan’s FinMin Aso: Will act vs. FX moves as needed

Japanese finance minister Taro Aso is now crossing the wires via Reuters, noting that Japan’s government will take appropriate action against speculat
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