Hints and tips:
...RRR became the third highest-grossing film in Indian history with its portrayal of two revolutionaries fighting British Raj rule....
...The upbeat sentiment came as the People’s Bank of China on Wednesday cut the reserve requirement ratio for commercial lenders across the board by 50 basis points, to release about Rmb800bn ($114.9bn) of...
...In the event---perhaps an unlikely one---that the impact becomes long-lasting, the PBoC may decide to cut RRR or interest rates. Stocks wise it’s all much as you’d expect....
...In the event of a more serious break, the central bank may lower its reserve requirement ratio (RRR)....
...This board had been expected to become a testing ground for the new IPO system....
...Related links: An RRR in China explainer – FT Alphaville No RMB crisis like last year, but it could be a false sense of security – George Magnus...
...These beat expectations across the board....
...This low reading highlighted the across-the-board weakness in our proprietary surveys of Chinese economic activity in January....
...But, for once, interest rate and reserve requirement ratios (RRRs) are less likely to be in the policy mix....
...the assumption is it would buy in the secondary market), a QE comparison was always a bit off since “unlike with asset purchase programmes elsewhere, the goal in China may actually be to avoid across-the-board...
...Specifically, extending the reserve requirement ratio (RRR) cut to the rest of the banking system is needed in the early third quarter in order for Premier Li to deliver the growth target.” 4....
...The most notable sign is the decline in bond yields across the board....
...RRR moves are so 2011, it’s all about the reverse repos this year. Masa’s post looks at the processes involved....
...Before resigning, Scott Thompson disclosed to the company’s board of directors and several colleagues that he has been diagnosed with thyroid cancer, reports the WSJ....
...This leads to slower loan growth because many banks have hit their loan-to-deposit ratio (LDR) limits Here’s more about the RRR/forex sterilisation mechanism....
...Its intention to raise rate and RRR are not easy to implement because of the wider message it sends to the market....
...They’re seen as preferable to an RRR cut, because the latter has an inflationary stigma attached to it. A high RRR is also needed to sterilise reverse repo operations....
...Beyond Brics: China RRR: Wrong focus Many of the top analysts who cover the Chinese economy predicted that the central bank would loosen policy by cutting banks’ required reserves in January....
...Any RRR relief will have to be bigger than the 50bps cut just administered....
...I don’t think that this reduction of the RRR is anything intended to revive the bubble. Nor would any future RRR reduction. The money supply quantity is China’s policy target, I believe....
...Thus, early November food prices are falling across the board....
...He said the package for Ms Riza should be understood of a “settlement agreement” to resolve Ms Riza’s “legitimate grievences” – a characterisation the investigating panel rejected....
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