China's Passenger Car Association data hitting wires
- June vehicle sales up 4.6% y/y
- January-June sales are down 0.2% y/y
Earlier from China today - the PBOC resumed OMOs today after 12 days of none. The bank had drained 780bn yuan from the banking system over those 12 days
ps. This from Bloomberg on The $68 Billion Reason Why China May Start Adding Cash Again
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Meanwhile, AUD has edged up another few points and USD/JPY is back to its session high. Small ranges across the board though:
