China Market Update: PBOC Cuts With More To Come, Buybacks Roll On
CLNKraneShares Key News Asian equities were largely higher as Japan closed for the Autumn Equinox. The People’s Bank of China (PBOC) cut the 14-day reverse repo rate to 1.85% from 1.95% to play catch up with the 7-day reverse repo cut to 1.70% from 1.80% …