BoJ announces its outright bond purchase operation in-line with its plan

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[MARKET UPDATE] A modest reversal of the earlier risk-on tone, with NQ trading at session lows while DXY extends to a new session high, pushing G10s to new extremes of the day

PBoC injects CNY 7bln via 7-day reverse repos with rate maintained at 1.40%

BoJ announces its outright bond purchase operation in-line with its plan

PBoC sets USD/CNY mid-point at 6.8066 vs exp. 6.7850 (prev. 6.8047)

PRE-MARKET CHINESE STOCK NEWS: Alibaba bans Claude Code for employees but also gets reprieve from lobbying ban, CATL buys 20% stake in CarbonScope, Chery formally takes Nissan's South African plant

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  • Offers to buy JPY 100bln of <1yr JGBs.
  • Offers to buy JPY 335bln of 5-10yr JGBs.
  • Offers to buy JPY 100bln of 10-25yr JGBs.

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