US, China Stocks Surge Higher After PBOC Injects Another 400 Billion Yuan
Feb 3rd 2020 9:02pm EST
US, China Stocks Surge Higher After PBOC Injects Another 400 Billion Yuan After yesterday’s net CNY150billion liquidity injection didn’t work (in rescuing stocks), PBOC decided to more than double it tonight and the plunge-protectors injected a net CNY400 billion, sending yuan and US and Chinese equity markets soaring… The PBOC injected CNY500b with reverse repo […]
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