PBoC announced on Wednesday it will conduct a CNY 1.1tln outright reverse repo operation on Thursday to maintain ample liquidity in the banking system.
Newsquawk Staff ·
PBoC announced on Wednesday it will conduct a CNY 1.1tln outright reverse repo operation on Thursday to maintain ample liquidity in the banking system.
What it means
The PBoC's announcement of a CNY 1.1 trillion outright reverse repo operation is a clear signal of their intention to inject liquidity into the banking system, aiming to support economic stability. This move suggests the central bank is likely responding to recent market pressures, which could influence interest rates and bolster confidence in risk assets. Traders should be aware of potential implications for bond yields and the yuan's performance as liquidity conditions adjust.
Sources
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await
- Newsquawk Daily US Opening News - 3rd November 2026
- Newsquawk Daily European Opening News - 3rd November 2026
- [MARKET ANALYSIS] Dollar is flat ahead of the midterms, while yuan weakens after the PBoC raised its FX RRR
Related headlines
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed folowing the continued tech rout stateside where the Nasdaq 100 slipped into a correction and with markets cautious ahead of the US midterm election5 days ago
- Newsquawk US Daily Equity Opening News - AAPL falls on margin outlook; PLTR falls as US commercial growth slows5 days ago
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago
- Newsquawk Daily Economic Releases - 4th November 20265 days ago
- [MARKET ANALYSIS] DXY trades tentatively into midterms; AUD lags post-RBA, which avoided further hawkish guidance5 days ago
- EUROPEAN OPEN: AAPL falls on margin outlook; NVDA tells partners to limit China exposure; BAYN GY raises FY26 EBITDA view; PHIA NA Q3 beat; fuel costs hit LHA GY FY26 EBIT view; Aramco net profit +35%; SHEL LN sells North West Shelf stakes for USD 1.45bln5 days ago
- RBA Governor Bullock says rate rise was needed to get inflation down and that policy tightening is to address local capacity pressures5 days ago
- Australian RBA Interest Rate Decision 4.85% vs. Exp. 4.85% (Prev. 4.60%)5 days ago
- [ANALYSIS] US Midterms: Senate, Governor and PUC indicative timings5 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-165 days ago
- ECB’s Nagel says he is confident that France will get a grip on its budget issues; This isn't a task for monetary policy5 days ago
- ECB’s Sleijpen says the Iran shock is more persistent than earlier thought but we don’t really see second-round effects yet5 days ago
- ECB's Nagel says a rate hike in December is very likely going to be necessary5 days ago
- BoC Governor Macklem reiterates that there could be a need to raise the policy rate further; 5 days ago