#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #liquidity #china #banks
China's repo market nearly freezes up at the end of October and now this. Even the biggest institutions are taking unprecedented steps. On top of well-documented real estate woes, the most recent economic stats on the Chinese economy indicate right back into deflation. With that third failed reopening and only ongoing trouble for non-bank financial firms, the liquidity situation inside China is getting hot.
Eurodollar University's Money & Macro Analysis
Bloomberg: China Banks Rush to Raise Funds After Cash Crunch Spooks Market
https://www.bloomberg.com/news/articles/2023-11-09/china-banks-rush-to-raise-funds-after-cash-crunch-spooks-market
Bloomberg: PBOC Drains Liquidity in Signal It Sees Rate Surge as Temporary
https://www.bloomberg.com/news/articles/2023-11-01/china-s-central-bank-drains-liquidity-after-overnight-rate-surge
Bloomberg: PBOC Seen Adding Liquidity After China Money Market Rates Surge
https://www.bloomberg.com/news/articles/2023-10-31/pboc-aims-to-add-liquidity-after-surge-in-money-market-rates
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Jeff Snider will guide you through the realm of monetary science. Multiple episodes uploaded each week, discussing big news and key current events, the state of markets and what they are telling you, as well as historical summaries and deep background material so that you can understand what’s really going on in this eurodollar’s world.