PBOC injects 95bn yuan via 7-day reverse repos

Chalk up another 5 year low for the CNY for the 3rd consecutive day

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We've had PMIs from China already this morning. High fives all 'round as the manufacturing PMI managed to come in unchanged on the month

Next up is Aussie GDP data. That's at 0130GMT, preview is here. AUD orders are here, but please note that as we approach a big data release like the GDP limit orders will diminish in size as clients 'pull' orders over the release. Stops tend to increase though as client seek price protection. Funny old world, innit?