The PBOC announced RRR cuts by 50 bps for four more banks; more targeted cuts and general cuts expected BNP Paribas STEER Basic Materials Weekly: How Paper Producers Choose Between OCC and Wood Fibres Luxury volume up, dealer GPM down; Buy Zhengtong, Sell Zhongsheng Qingdao probe continues to develop; FAI/IP data weak Weekly: Weak downstream demand; prices unlikely to pick up in NT HSCEI – Daily Futures Fair Value Monitor Hang Seng Index – Daily Futures Fair Value Monitor Colombia: Santos re-elected with a peace mandate Brazil: Plenty of strikers