Asia biased macro & technical analysis, Untying The Gordian Knot

Untying The Gordian Knot

A differentiated process with a primary focus on Asia. Technical Analysis as core and Macro drivers that could bring the view to fruition & changes that could make the idea fall apart. The objective is to be the best in class, hence corner shop.

Asia biased macro & technical analysis

Macroeconomics

<ul><li>The market was taken aback by the news that the People's Bank of China (PBOC) cut the 7-day reverse repurchase rate by 10 basis points to 1.90% on Tuesday, 13th June 2023.</li><li>This was the first cut in the reverse repo rate since August 2022.</li><li>The cut was unexpected as most analysts had expected the PBOC to keep rates on hold until later this month and cut by 5 bps.</li></ul>

The market was taken aback by the news that the People's Bank of China (PBOC) cut the 7-day reverse repurchase rate by 10 basis points to 1.90% on Tuesday, 13th June 2023.This was the first cut in the reverse repo rate since August 2022.The cut was unexpected as most analysts had expected the PBOC to keep rates on hold until later this month and cut by 5 bps.

China Bond Yields: An Update