Free Trial

The market is watching to see if the....>

CHINA PRESS
CHINA PRESS: The market is watching to see if the People's Bank of China will
begin to use a two-month reverse repo in its open-market operations, with some
reports saying the central bank would conduct two-month reverse repos today,
China Securities Journal reported Friday. Money supply is expected to remain
tight and balanced, the newspaper said. Unidentified analysts were quoted as
saying the PBOC's possible use of a two-month reverse repo could "fundamentally"
ease current liquidity pressure and reflect the PBOC's intention to stabilize
liquidity in the medium to long term. (China Securities Journal)

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.