PBOC drains net CNY 360 bn via OMOs this week

PBOC drains a net CNY 360 bn via Open Market Operations (OMOs) this week versus a net injection of CNY 450 bn seen last week.

Meanwhile, the Central bank skips OMOs today, citing the liquidity in the banking system is relatively high.

Sep 29, 2017

IAEA: North Korea has made rapid progress on nuke development

The International Atomic Energy Agency (IAEA), the United Nations (UN) nuclear watchdog, came out with a warning on Friday over the North Korean nuke

Dollar Index [DXY] was rejected at the resistance offered by the trend line sloping downwards from the April 10 high and May 11 high. The index retre