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MNI China Liquidity Index™ – Eases To 43.8 in November

MNI (London)

Key Points – November 2020 Report


Liquidity picked up in November, as the People's Bank of China maintained an 'ample' supply of cash, the latest MNI Liquidity Conditions Index shows.

The Liquidity Condition Index stood at 43.8 in October, down from the 78.1 recorded in October. The higher the index reading, the tighter liquidity appears to survey participants.

  • The Economy Condition Index remains at elevated levels as the economy recovers, although just shy of the levels seen in both September and October.
  • The PBOC Policy Bias Index was unchanged on the elevated levels seen in October, with more than a third of respondents seeing a tightening bias from the central bank.
  • The Guidance Clarity Index edged lower, although no respondents saw the central bank as giving foggier indications of its intentions and the vast majority saw no change in guidance opacity.

Click below for the full press release:

MNI_China_Liquidity_Index_November_2020.pdf

For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com

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