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Sep 17, 2014
Canada: Manufacturung sales pose upside risk to Q3 GDP - RBS
Brian DePratto, Economist at TDS, shares his thoughts on the latest manufacturing sales data out of Canada, which grew 2.5% in July, well above the consensus expectation of +1%.
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Sep 17, 2014
PBoC: Potential liquidity injection equivalent to 45bp cut in RRR - Nomura
Nomura notes that if the reports of a 500 bn yuan liquidity injection into the top 5 Chinese banks by the PBOC, via SLF, is confirmed, it would suggest that policymakers are sensitive to the significant weakening seen in the August activity data, adding that the effect of the liquidity injection would be equivalent to a 45bp cut in the bank reserve requirement ratio (RRR).
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