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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
The impact of PBOC draining liquidity...>
CHINA PRESS: The impact of PBOC draining liquidity would be limited: market
risks would not be high, and liquidity before the Spring Festival would remain
relatively loose, reported Shanghai Securities News on Wednesday.
- Before the end of March, only CNY170 billion reverse repos will mature, and
CNY538.5 billion medium-lending facilities are due in February and March
- The PBOC is very likely to maintain loose liquidity as previous years showed
financial institutions' demand for money supply tends to increase before the
Spring Festival
- Liquidity may not be too tight after the festival as cash is expected to flow
back - countering the negative effects caused by maturing reverse repos, some
maturing in contingent reserve arrangements, and pressure on financial
institutions to meet liquidity assessment requirements set by regulators.
To read the full story
Sign up now for free trial access to this content.
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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.