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Key Points – October 2020 Report
Liquidity edged higher in October, as the People's Bank of China maintained an 'ample' supply of liquidity, the latest MNI Liquidity Conditions Index shows.
- The Economy Condition Index remains at elevated levels as the economy recovers, with all respondents seeing an improved or unchanged outlook.
- The PBOC Policy Bias Index was higher, with almost a third of respondents seeing a tightening bias from the central bank.
- The Guidance Clarity Index was barely changed, with no respondents seeing the central bank as giving foggier indications of its intentions – a theme in place from respondents since February.
Click below for the full press release:
MNI_China_Liquidity_Index_October_2020.pdf
For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com
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