MNI BRIEF: NY Fed Survey - Consumers Expect Lower Inflation

MNI BRIEF: China Must Unblock Domestic Circulation - Wang

MNI China Daily Summary: Monday, July 8

MNI BRIEF:PBOC Starts Temporary OMO Tools To Adjust Liquidity

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.1286 Mon; -0.29% Y/Y

Consumer Credit Growth Picks Up In May, But Overall Dynamics Subdued

MNI: US MAY CONSUMER CREDIT +$11.4B

EZ/UK Bond Supply Calendar: EU/UK Syndications; NE, AS Tuesday

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

PBoC Comments Don't Move The NEedle

CHINA

Initial comments from the PBoC leadership are generally in line with recent rhetoric. The press conference was billed as a method to introduce the implementation of the CEWC decisions and financial support for the real economy economics. This is unlikely to be a game changing event for monetary policy. More immediate focus is placed on the touted equity market support scheme (flagged by BBG sources) and further short selling restrictions when it comes to Chinese equity markets. Potential for pre-LNY easing/a sizeable liquidity injection from the PBoC remains evident, particularly given the divergence in the 7-day repo and DR007 rates.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities

To read the full story

Close

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.