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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 AccessThe PBOC aims to drain liquidity........>
CHINA PRESS: The PBOC aims to drain liquidity through the sale of CNY20 billion
of bills in Hong Kong on Wednesday, according to a report in the Economic Daily
today. The newspaper quoted Zhao Qingming, chief economist at China Financial
Futures who said the yuan is under great depreciation pressure with abundant
liquidity in offshore markets. Zhao said that while CNY20 billion is not a large
amount, it sent strong signals that the PBOC is making it harder to short the
yuan.
To read the full story
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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.