PBOC sets Yuan reference rate at 7.0365

The People's Bank of China has set the Yuan reference rate at 7.0365 vs Friday's fix of 7.0312. 

Gold: On the defensive amid latest risk-on

Gold registers another failure to cross Tuesday’s high, mainly due to trade/political news, as it trades near $1,510 on early Monday.
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China introduces market driven lending rate to boost cheap funding for businesses

China’s central bank on Saturday announced a market based interest-rate mechanism to reduce financing costs for businesses struggling due to economic
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