BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
South Korea Producer Prices Rise 0.2% in August 
Bank of England Sees Surge in Higher-Risk Collateral 
Asian Stocks Rise After Fed Rate Hike 
Asian Chip Stocks Rally as Treasury Yields Ease 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Trump Hopes Iran War Nears End as Yemen Fighting Escalates 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
US Stock Futures Rally as Markets Digest Fed Rate Hike 
Add as a preferred source on Google
The People’s Bank of China (PBoC) is expected to raise the interest rates on its MLF loans by 10 basis points again as the Federal Reserve remains on track to deliver a 25 basis points rate hike next Thursday.
PBoC Deputy Governor Chen Yulu said at a forum on Saturday that the central bank will purse "neither loose nor tight" monetary policy to ensure liquidity remains basically stable, creating a "neutral and appropriate" financial environment for supply-side reform.
Further, the central bank on Monday resumed 28-day reverse repo sales to inject liquidity into the banking system ahead of the half-year end when the so-called Macro-Prudential Assessment (MPA) for Q2 is due.
"Meanwhile, we stay watching the headlines on US political controversy and ECB monetary policy meeting that could dampen market sentiment and undermine most EM Asian currencies," Scotiabank commented in its latest research report.
