The Traderszone Network

Published in TZ Latest News 18 February, 2016 by The TZ Newswire Staff

China January auto sales +9.27% y/y

China vehicle sales for January +7.72% y/y (up 15.4% y/y in December)
– Auto sales were +9.27% y/y


On the CNH, the overnight HIBOR jumped to 9.27% today, up 480 bps from yesterday. This may be indicative of the PBOC again intervening in the market to squeeze yaun shorts.