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New York silver futures extended gains to 1.00% on the day, currently trading at $64.06 per ounce.
2026-09-17
New York silver futures extended gains to 1.00% on the day, currently trading at $64.06 per ounce.
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2026-09-17
At the start of trading on September 17th, the DR007 rate rebounded to 1.4442%, continuing to fluctuate around the policy rate of 1.4%. The People's Bank of China (PBOC) conducted 162 billion yuan of 7-day reverse repurchase operations and 600 billio
At the start of trading on September 17th, the DR007 rate rebounded to 1.4442%, continuing to fluctuate around the policy rate of 1.4%. The People's Bank of China (PBOC) conducted 162 billion yuan of 7-day reverse repurchase operations and 600 billion yuan of overnight reverse repurchase operations. -------- Note: Short-term money market rates, such as DR007, reflect the adequacy of market liquidity. Besides loan rates for the real economy, many transactions in financial markets such as the stock and bond markets are essentially leveraged through loans, and the cost of these loans depends on short-term funding rates. DR007 is generally considered the anchor for short-term interest rates in China. The difference between DR007 and the PBOC's 7-day reverse repurchase rate (policy rate) indicates whether the market is short of funds. If the DR007 rate is significantly higher than the policy rate, it indicates a shortage of funds, and the PBOC may intervene to inject liquidity; conversely, if the DR007 rate is lower, it indicates very ample market liquidity.
2026-09-16
Ed Yardeni cut his S&P 500 index year-end target to 7,900 from 8,400 and set a mid-2027 target of 8,400.
Ed Yardeni cut his S&P 500 index year-end target to 7,900 from 8,400 and set a mid-2027 target of 8,400.
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