SHANGHAI (Reuters) - China's central bank will inject 50 billion yuan (5.2 billion pounds)into the money markets through 14-day reverse bond repurchase agreements and an additional 50 billion yuan through 28-day reverse repos on Tuesday, traders said.
PBOC also injected 10 billion yuan into the money markets through 28-day reverse repos on Monday in an off-schedule open market operation.
Maturing reverse repos will drain a net 180 billion yuan from the banking system this week.
The People's Bank of China (PBOC)conducted a net injection of 690 billion yuan into the banking system last week.
China's central bank increased the frequency of open market operations between Jan. 29 and Feb. 19 to help maintain liquidity in the market before and during the Lunar New Year.
(Reporting by the Shanghai Newsroom; Editing by Shri Navaratnam)
'dc' 'CB' 22:48:28 GMT - 02/01/2016
the thing you will never read in any---how to weather stock market turmoil, think long term, stay the course...Chestnut advice that is currently being doled out to the "average" 401K/IRA "Investor"..... beyond NOT Telling them that this is NO LONGER a Louis Rukeyser/Peter Lynch Market....
AS SUCH those rules for success no longer Apply for the JoeSixPac work-every-day retire comfortably Investor. They will not be warned:
“If you run out of chips, you are out of the game.”
'dc' 'CB' 21:07:32 GMT - 01/31/2016
Sunday WaPost Bizness Section- advice when dealing with markit turmoil. And other assorted chestnuts.
Triple-digit fluctuations in the stock market can prove disconcerting for anyone, but especially people in or near retirement, who are at or near the end of their wage-earnings phase. So they are understandably worried about their portfolios, which must provide income for the rest of their lives.
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
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