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PBoC conducts CNY 500mln 7-day reverse repo operation with the rate maintained at 1.40%

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The People's Bank of China conducted a CNY 500 million 7-day reverse repo operation, holding the policy rate unchanged at 1.40%.

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Geopolitics

Iran warns South Korea against Hormuz deployment and threatens to target South Korean assets if Seoul joins the mission

Geopolitics

Iran's Foreign Ministry says the US-led war is disrupting global oil trade and costs, also says US aggression is causing instability in the Hormuz Strait

Market Analysis

[MARKET UPDATE] US index futures begin the week rangebound, while oil prices are mildly underpinned after the US and Iran launched tit-for-tat strikes on vessels in the Strait of Hormuz over the weekend