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PBOC Open Market Operations inject 20 billion yuan, offsetting 160 billion expiry

The People's Bank of China (PBoC) injected 20 billion yuan in Open Market Operations via 14-day RRs, though with 160  billion yuan in previous RRs maturing on the day, the 20 billion yuan injection yields a net 140 billion drain on the day's balance.

PBOC sets yuan reference rate at 6.9006

The People's Bank of China (PBoC) set the USD/CNY reference rate for the day at 6.9006, compared to Friday's rate of 6.8825.
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EUR/USD: Bulls fending off bearish tones ahead in thin trade

Risk-off sentiment soared last week and US equities had their worst week in a decade as political and economic risks mount on both mainland Europe, in
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