People's Bank of China injects $48 billion into banks in July

Market news

19 August 2015

People's Bank of China injects $48 billion into banks in July

The People's Bank of China (PBoC) said on Wednesday that it injected $48 billion into China Development Bank and $45 billion into the Export-Import Bank of China last month. The money should strengthen their capital bases support the economy.

U.S.: Crude Oil Inventories, August 2.62 (forecast -0.6)

St. Louis Fed President James Bullard will back the interest rate hike in September at the Fed's upcoming meeting

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