Archive - Jul 6, 2011 - Story
China Hikes Interest Rate By 25 bps, Third 2011 Rate Hike
Submitted by Tyler Durden on 07/06/2011 05:52 -0500The PBoC just announced its 3rd interest rate hike for 2011. In a statement just released, the Chinese central bank hiked its one year benchmark deposit and lending rates by 0.25%. To those following the 1 and 2 Week SHIBOR and repo rates this is hardly a surprise, as the recent liquidity thawing experienced an abrupt reverse in the past two days. In the meantime, expect to see more realization that the Chinese soft landing may be in for some bumpy times.
RANsquawk European Morning Briefing - Stocks, Bonds, FX etc. – 06/07/11
Submitted by RANSquawk Video on 07/06/2011 04:10 -0500A snapshot of the European Morning Briefing covering Stocks, Bonds, FX, etc.
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