Notes/Observations
China PBoC conducted 7-day and 21-day reverse repos to satisfy demand ahead of Lunar New Year Holiday. This was first injection after 7 consecutive halted operations and biggest injection since Feb 2013; Shibor fixings fall as a result and allowing Asian equity markets to recover
Commodity currencies failed to gain any support from China's injection of liquidity
German ZEW Survey comes in mixed but current conditions confirm expectations of an economic upswing
China PBoC conducted 7-day and 21-day reverse repos to satisfy demand ahead of Lunar New Year Holiday. This was first injection after 7 consecutive halted operations and biggest injection since Feb 2013; Shibor fixings fall as a result and allowing Asian equity markets to recover
Commodity currencies failed to gain any support from China's injection of liquidity
German ZEW Survey comes in mixed but current conditions confirm expectations of an economic upswing
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