PBOC seen partially rolling over policy loans at steady rate – Reuters poll – by anilpanchal7 PBOC USDCNY RiskAppetite SentimentPoll NewsTrading
The poll also mentioned, “But some still expect the People's Bank of China to ease banks' reserve requirements next month, to aid an economy hit by the COVID-19 pandemic and property market woes.”Most of the 27 participants in the poll conducted this week said they predicted the PBOC will partially renew 500 billion yuan worth of policy loans on Monday. Only three expected a full rollover, while another three anticipated cash injections.
Traders point out that China's banking system is not short of cash - evidenced by the fact that market rates are lower than policy rates, curbing demand for central bank loans. New bank lending in China nearly doubled in September from the previous month and far exceeded expectations. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China may partially roll over policy loans at steady rate, Reuters poll showsChina's central bank may drain cash next Monday via a partial rollover of maturing medium-term loans, while keeping policy rates steady, a Reuters survey showed, as ample market liquidity and a sliding yuan reduce the need for imminent policy easing.
Leer más »
Cloudy, Windy Day Expected Sunday, but Could Snow Loom in Forecast for Monday?Sunday will get off to a pleasant start for much of the Chicago area, but things are expected to change quickly, leading up to a weather system that could bring cooler temperatures and even snow to the region by Monday.
Leer más »
Possible strike could stop bus service in OC as soon as MondayA strike could stop bus service in Orange County as soon as Monday if authorized.
Leer más »
With Flurries Possible Monday, Here's When Chicago Typically Sees Its First Snow of the SeasonThe Chicago area could potentially see its first snowflakes of the season on Monday, but how does that compare with the average first snowfall of the season in the city?
Leer más »
Broncos vs. Chargers: FrontPageBets looks at best bets for Monday Night FootballRussell Wilson and the struggling Denver Broncos play their fourth prime-time game in six weeks when they visit the Los Angeles Chargers.
Leer más »