The PBOC just put in their first post-Easter fix, setting the Yuan (USDCNY) exchange rate at 6.5060, a lot stronger than the 6.5232 on Easter Monday.
This is in response to a slightly weaker USD against the majors over the Easter weekend, but the Yen reacted immediately, selling off against USDJPY which is supporting the Nikkei 225 and hopefully the local market, with the ASX200 down nearly 1% in this mornings trade:
The Aussie dollar is treading water at 75.50 on the Yuan fix, but is gaining against Yen, but selling off against Kiwi sharply in midday trade.
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