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China's money rates fall as c.bank boosts liquidity with eye on trade war

China's primary money rates fell this week as the central bank pumped cash into the banking system, and as it prepared to soften small firms' financing burdens in an attempt to hold off risks posed by a U.S.-China trade war. On Friday, the People's Bank of China (PBOC) skipped its regular open market operations, bringing total injections into the country's interbank market for the week to 540 billion yuan ($79.80 billion), the largest net weekly injection si

CEE MARKETS-Currencies ease vs dollar despite strong Polish output

A strengthening dollar put pressure on Central European currencies on Wednesday despite a batch of robust Polish data. The dollar rose against the euro after an upbeat assessment of the U.S. economy from Federal Reserve Chairman Jerome Powell in a testimony on Tuesday.