Vice Minister of the Ministry of Human Resources and Social Security says will go all out ensure stable employment Earlier the PBOC injected the most funds ever at an OMO, and tehn other statements followed:
The NDRC is China’s State Planner – has approved new airport in Hubei province – worth 32.06bn yuan Plenty of investment projects to come is my best guess as China cranks up stimulus efforts.
China Ministry of Commerce: – Says will further boost consumption in 2019 – to stabilise inbound FDI in 2019 And, from the PBOC: – Cash injection is meant to maintain reasonably ample banking system liquidity…
The earlier slide in yen crosses was due to the USD/JPY dropping but currencies falling now adding to losses GBP is a focus of course, its lower, cable down 50+ points from its post-vote high
A slightly slower pace of m/m growth than in November The headline result is based on a Reuters calculation. The gains for new houses were spread across the major cities.
Ending the run of stronger CNY settings from the People’s Bank of China today 10bn yuan in RRs mature today. Thus a net injections of a very hefty 560bn yuan.