PBOC drains a net 104 bln Yuan this week via OMOs

China’s central bank, the PBOC drained a net 104 bln Yuan for the week via open market operations (OMOs), versus a net injection of 595 bln last week.

For today, the Chinese central bank injected 20 bln Yuan through 7 day reverse repos, while seemed to have gauged demand for 14- and 28-day reverse repos.

Nov 4, 2016

China finance ministry – Will maintain medium to high growth rate

China’s finance ministry has assured the markets that the country will maintain a medium to high growth rate and that the growth of fiscal revenue wil

RBA warns a weakening housing market could have negative economic ramifications

The Reserve Bank of Australia (RBA) has warned over the upcoming housing market risks, in its quarterly statement of monetary policy (SoMP) published