PBOC drains net CNY 70 bn via OMOs this week

PBOC drains a net CNY 70 bn via Open Market Operations (OMOs) this week versus a net drain of CNY 250 bln seen last week.

Meanwhile, the Central bank injected CNY 100 bn via 7 day reverse repos today.

Jul 14, 2017

Bitcoin - Double bottom failure, trades below 1-hour MA

BTC/USD (Bitcoin) currently trades below the 1-hour 50-MA level of $2351 after having failed to cut through the double bottom neckline resistance of $

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Jul 14, 2017

Banxico Governor Carstens: Too early to talk rate cuts next year

Headlines crossed the wires earlier on the day from the Banco de Mexico (Mexican Central Bank) Governor Agustin Carstens, during his interview with Re

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