CHINA RATES: China Repo Rates Rise On Thursday
Mar-09 01:25
The seven-day deposit reverse repo average across China's interbank market was at 2.0000% on Thursday, higher than the close of 1.9200% on Wednesday, according to Wind Information. The overnight deposit reverse repo average was last at 1.6730%, higher than the previous 1.6200%.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US TSY FUTURES: TU Blocked
Feb-07 01:22
Latest block trade lodged at 01:08:19 London/20:08:19 NY:
- TUH3 5.5K lots blocked at 102-13.375, looks like a buyer.
CNH: CNY Fixing - Back Closer To Neutral
Feb-07 01:20
The USD/CNY fix printed at 6.7967, versus a Bloomberg consensus of 6.7948.
- Today's outcome represents a +19pip surprise in USD/CNY terms. Yesterday's outcome was -71pips.
- While today's fixing error is a departure from yesterday, the general has been for stronger than expected fixes in recent weeks. Today's outcome takes the 5-day rolling sum of the fixing error to -95pips. We were at -111pips yesterday, which is not a huge change.
- In turn this may limit the market reaction. USD/CNH has stabilized somewhat, last around 6.7930/35, versus earlier session lows just under 6.7900. The reaction to the fixing outcome hasn't been significant.
BOJ: Fixed Rate Purchase Offer
Feb-07 01:10
The BoJ offers to buy an unlimited amount of 5- to 10-Year JGBs at a fixed rate of 0.50%.
