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(Z1) Off Lows, But Remains Weak

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Still Vulnerable

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Bullish Price Sequence

CHINA
CHINA: The PBOC announced on its website Friday morning that it injected CNY70
billion in liquidity via seven-day, CNY30 billion via 14-day, and CNY50 billion
via 63-day reverse repos, with rates unchanged at 2.45%, 2.60% and 2.90%,
respectively. The PBOC did not give a further explanation about the operations
this morning.