Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
MNI (BEIJING) - China’s interbank market liquidity tightened in April but remained ample, as the People’s Bank of China (PBOC) moved to stabilize conditions following Q1’s fast expansion, and firms withdrew funds to meet tax deadlines. At the same time local traders reported economic sentiment failing as Q1 economic data showed an uneven recovery and weak CPI print, the latest MNI China Liquidity Survey showed.
The MNI Liquidity Condition Index reached 51.3 in April, up from 37.5 last month, as 23.7% of local traders reported conditions tightened, but 55.3% saying unchanged from March's ample conditions.
The higher the index reading, the tighter liquidity.
- The Economy Condition Index slipped to 68.4, following last 75.0 reading.
- The PBOC Policy Guidance Index read 57.9, picking up from last months’ 56.9.
Click below for the full press release:
MNI China Liquidity Index April Presser 2023.pdf
For full database history and full report on the MNI China Liquidity Index™, please contact:sales@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.