PBOC injects CNY 160bn via OMOs today

PBOC injects CNY 160bn via via rev repos for the week versus a net drain of CNY 120bln last week.

Meanwhile, a net drain of CNY 20bn as 20bn reverse repo matures today.

 

Two Chinese Su-30 fighter jets intercepts US Air Force plane over Yellow Sea - CNN

CNN News is out with latest headlines covering yet another geo-political issue, this time concerning China-US relationship. Key Quotes: “Two Chinese
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Trump’s budget will include discretionary spending cuts to education, housing, environment programs

Additional headlines crossing the wires from the Wall Street Journal (WSJ) on Trump’s budget proposal, which will be released next Tuesday. Key Point
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