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MNI China Liquidity Index™ – Rises To 47.4 in January

MNI (London)

Key Points – January 2020 Report

Liquidity tightened in early January, before loosening as the People's Bank of China maintained an 'ample' supply of cash in the latter part of the month, the latest MNI Liquidity Conditions Index shows.

The Liquidity Condition Index stood at 47.4 in January, up from the 15.9 recorded in December.

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 shy of the year high seen in September.

--The PBOC Policy Bias Index edged lower, although 80% of respondents saw no change in the PBOC's bias.

--The Guidance Clarity Index rose, with norespondents seeing the central bank as giving foggier indications of its intentions and the vast majority seeing no change in guidance opacity.

Click below for the full press release:

MNI_China_Liquidity_Index_January_2021.pdf

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

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