More tinkering by the PBOC according to Reuters sources
This time they're supposedly hiking the Standing Lending Facility.
Hikes 7 day SLF 10bps to 3.45%
1 month 10bps to 3.80%
Eamonn had the other PBOC hikes earlier.
This time they're supposedly hiking the Standing Lending Facility.
Hikes 7 day SLF 10bps to 3.45%
1 month 10bps to 3.80%
Eamonn had the other PBOC hikes earlier.
Most Popular
Sen. Tillis said a presidential pardon for Fed Chair Powell would not end his blockade of central bank nominees, insisting the Justice Department investigation must conclude first, leaving Kevin Warsh’s confirmation stalled.
UN eyes $1T climate tax on Big Oil; industry faces lawsuits, uncertain revenue for energy transition.
AMD beat Q4 earnings and revenue forecasts, but softer Q1 guidance disappointed investors, sending shares lower. AI demand remains strong, including China sales, though expectations for faster near-term AI upside were not met.
Peru's exports hit $90B, up 21% on mining & agri gains. China leads trade, up 30%, boosted by new megaport.
Bitcoin dumps to 10-month low near $73k, Ether follows. Traders bet billions on further drops as Trump war & Fed pick spook market.
Dow Transports +2% while Industrials -0.3%, Nasdaq dips 1.4%. Watch for sector rotation and valuation shifts.
Tax refunds surge $100B+ with new breaks, but complex rules risk delays. Watch for SALT cap changes & crypto reporting.
Must Read