Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
18 November 2022 | Other

China's money markets relax as NBK tries to avoid liquidity shock

USDCNY

China's money markets retreated from recent highs after the country's central bank provided liquidity to stem a bond sell-off that could have triggered panic among retail investors.

One-day interbank funding for the week posted its biggest drop in six weeks, and yields on one-year government bonds fell to their lowest level since August. It was the second consecutive day on Friday.

Chinese bonds came under pressure this week as bidders cut rates on aggressive policy easing.

The interbank short-term cost indicator ended the week down 32 basis points to 1.35%, the biggest daily decline in two weeks. Single-year bond yields fell five basis points after rising more than 30 basis points over the past five sessions.

Company MarketCheese

Recommended

China. Industrial Production (YoY). The value of the indicator has decreased from 6.3% to 5.7%
16 April
United Kingdom. GDP (YoY). The value of the indicator has increased from 1% to 1.1%
Today at 6:01 AM
United Kingdom. Trade Balance. The value of the indicator has decreased from -22.8B to -27.22B
Today at 6:01 AM
United States. Heating Oil Stockpiles. The value of the indicator has increased from -0.038M to 0.153M
Yesterday at 2:30 PM
United States. Gasoline Inventories. The value of the indicator has decreased from -2.504M to -4.084M
Yesterday at 2:30 PM
Top news
European Union. GDP (QoQ). The value of the indicator remained at the same level of 0.1%
Yesterday at 9:02 AM
United States. CPI (YoY). The value of the indicator has increased from 3.3% to 3.8%
12 May
United States. Nonfarm Payrolls. The value of the indicator has decreased from 185K to 115K
8 May
United States. Unemployment Rate. The value of the indicator remained at the same level of 4.3%
8 May
European Union. Retail Sales (MoM). The value of the indicator has increased from -0.3% to -0.1%
7 May
All news

Forecasts

S&P 500 sell
Period: 21.05.2026 Expectation: 1500 pips
Selling S&P 500 with 7,300 target amid inflation shock and overheated market conditions
Technical analysis Indicators and reports Indicators Hot news Fundamental analysis
Today at 08:03 AM 3
Emily_Foster
Gold sell
Period: 31.05.2026 Expectation: 600 pips
Gold sell-off targets $4,640
TA Other FA Other
Today at 04:15 AM 6
McCarthy_Raymond
AUDUSD buy
Period: 31.05.2026 Expectation: 400 pips
Buying AUDUSD up to 0.7280
TA Other FA Other
Today at 04:15 AM 8
Bruce_Powers
USDCAD buy
Period: 13.06.2026 Expectation: 1000 pips
Go long on USDCAD with 1.38800 target in play
FA Other Indicators and reports Hot news Chart analysis
Yesterday at 10:48 AM 47
Sinclair_John
Natural gas buy
Period: 20.05.2026 Expectation: 100 pips
Natural gas prices are correcting within upward channel ahead of another rally
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
Yesterday at 09:39 AM 25
Lyra_Moonwell1
NVIDIA Corporation buy
Period: 20.05.2026 Expectation: 1000 pips
Investing in NVIDIA stock with $230 in sight
FA Other Indicators and reports Hot news Chart analysis
Yesterday at 09:06 AM 16
Reed_Marcus
Go to forecasts