CNH

Heads up for a PBOC press conference coming up at 0200 GMT (10pm US Eastern time)

PBOC sets USD/ CNY mid-point today at 7.1732 (vs. estimate at 7.2926)

PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected

PBOC is expected to set the USD/CNY reference rate at 7.2926 – Reuters estimate

• I've seen a lower estimate, at 7.2957 based on the neutral damping model. Regardless, the actual fix is likely to be around 7.17-7.18.

Shanghai Securities News says the PBOC has space to further cut the RRR this year

PBOC sets USD/ CNY central rate at 7.1733 (vs. estimate at 7.2839)

PBOC is expected to set the USD/CNY reference rate at 7.2839 – Reuters estimate

• This is the modelled estimate, the actual is likely to be around 7.18

PBOC sets USD/ CNY reference rate for today at 7.1736 (vs. estimate at 7.2707)

PBOC is expected to set the USD/CNY reference rate at 7.2707 – Reuters estimate

• This is the model estimate, the actual will be somewhere around 7.17

Chinese police detain Evergrande’s wealth management staff

China's weak yuan has cost already troubled Chinese property developers $3bn

China's Air passenger numbers in August are +98% y/y

China August Industrial Production 4.5% y/y (expected 3.9%) & Retail sales 4.6% (exp 3%)

• China industrial production and retail sales data

Another rate cut from the People's Bank of China, 14 day reverse repo to 1.95% from 2.15%

People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%)

• PBOC Medium-term Lending Facility (MLF) rate setting