Quiet session with US out on holiday
- Unexpected cut to key lending rates in China; Move seen as opening the door to more monetary easing actions ahead. - US markets closed for holiday.
Source: fxstreet.com
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Top News In Excess Reserves Today - Breaking & Trending Today
"Minsky Moments Almost Certainly Await": Nomura Fears 'Collateral' Damage From The QE-to-QT Transition
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com
"Super Thursday" of rate decisons
- Plethora of rate decisions that highlight the divergence of central bank policies (Norges hikes by 25bps; SNB, Taiwan, Philippines, Indonesia hold);
Source: fxstreet.com
SBV issues new decision on interest rates of required reserve deposits | Business
The State Bank of Vietnam (SBV) has issued a Decision 1349/QD-NHNN on interest rates applicable to reserve requirement deposits and excess reserves of credit institutions and foreign banks’ branches in the SBV.
Source: en.vietnamplus.vn
The Fed's Punchbowl Is Overflowing Into Money Markets: What Happens Next
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com