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PBOC injects liquidity via 1-year MLF today

The People’s Bank of China (PBOC) injected liquidity CNY 383bln via 1-year Medium-term Lending Facility (MLF) at 3.3% on Wednesday.

It’s worth noting that the PBOC has not injected funds via reverse repos in open market operations (OMOs) for 19 straight days.

USD/RUB Technical Analysis: Short-term bearish reversal confirmed

Daily chart Spot Rate: 66.52 Daily High: 66.75 Daily Low: 66.52 Trend: Bearish Resistance R1: 67.26 (5-day moving average) R2: 67.45 (200-hou
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China State Planner Spokesman: will achieve economic growth target despite trade war

Comments from China State Planner are crossing the wires via Reuters:  Will ensure achievement of growth target despite the trade war with the US
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