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China Press: Yuan has room to appreciate in long-term

Bloomberg reported a story carried by the China Securities News and written by the PBOC researchers, citing that the Chinese yuan has further scope to appreciate in the long-term.

Key Headlines:

There is relatively large room for the yuan to appreciate in long term

Global liquidity will enter a long period of contraction, which will help the yuan

Iran sets Sept Iranian light crude price to Asia at Oman/Dubai Minus $0.85 –RTRS

Latest headlines crossing the wires via Reuters, noted that Iran sets Sept Iranian light crude price to Asia at Oman/Dubai minus $0.85 that is $1.30 l
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China Retail Sales (YoY) below forecasts (10.5%) in July: Actual (10.2%)

China Retail Sales (YoY) below forecasts (10.5%) in July: Actual (10.2%)
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