Trial now

Cycle Highs In Sight For USD/JPY


Outlook Remains Bearish


(U1) Tilted Higher


Local Risk Eyed

     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) on Tuesday, leaving liquidity unchanged. No reverse repos
mature today, according to Wind Information. 
The central bank said the level of liquidity in the banking system is
"relatively high", enough to absorb the impact from the maturing of the
Treasury's cash deposits at commercial banks, among other factors.
  - The 7-day weighted average interbank repo average rate for depository
institutions (DR007) decreased to 2.5947% at 10:03 a.m. local time from the
close of 2.6019% Monday: Wind Information;
  - The CFETS-NEX money-market sentiment index closed at 34 on Monday, down from
37 on Friday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email:
--MNI Beijing Bureau; +86-10-8532-5998; email:
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]