China’s PBOC inject funds on Sunday. Brings the total funds added for the week to the highest since mid-January.

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The People's Bank of China added 320 bn yuan into the banking system this week, the largest weekly cash injection into the banking system since the middle of January this year. Injected 100bn yuan in open market operations today14-day reverse repos50bn reverse repos mature Sundaythus a net 50bn yuan injection  China goes on national holidays beginning Thursday this coming week, October 1, through to October 7. Its not unusual for liquidity to be added ahead of such holidays. The heightened concerns in China re Evergrande have also added impetus to liquidity injections.  Invest in yourself. See our forex education hub. Source link
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