This morning (17th), the HKD continued to hover around the weak-side convertibility undertaking, with peak/ trough at 7.8480/ 7.8499, and the spot USD T/T rate last reported at 7.8496.Next Monday (21st), the bank system balance of Hong Kong is expected to be HKD86.429 billion. Related NewsCore PPI YoY for Jun in United States is 2.6%, lower than the previous value of 3.0%. The forecast was 2.7%.