Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

CHINA PRESS
CHINA PRESS: The People's Bank of China(PBOC) should use market measures to
guide bank deposit rates lower, according to a report in Financial News, an
outlet controlled by the central bank. Citing Xie Yunliang, the chief
macroeconomy analyst with Minsheng Securities, the report says bank liability
costs cannot be effectively lowered by policy interest rates alone. Financial
News also cited the PBOC's quarterly monetary policy report, which said that
deposit rates have already come down due to the lowered rates on banks' loan
assets, and also the converging spread between rates in the deposit market and
the money market.