MNI China Liquidity Index™ – Conditions Ease In July
Liquidity up and rates down as PBOC acts.
MNI China Liquidity Index™ – July Conditions Ease
Key Points – July Report
BEIJING (MNI) – China’s interbank market liquidity eased in July as the central bank injected funds, while traders’ concerns over the economic outlook increased, the latest MNI Liquidity Conditions Index showed.
-- The MNI China Liquidity Condition Index read 31.4 in July, easing from June’s 62.8.
-- The MNI China Economy Condition Index read 47.7 in July, down from previous 51.2,
-- The MNI China PBOC Policy Bias Index read 19.8, down from 24.4 previous,
Click below for the full press release:
MNI China Liquidity Index July Presser 2024.pdf
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