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China Press: PBOC to avoid extreme volatility in liquidity

Bloomberg reported the following PBOC headlines from the China Securities Journal earlier on the day:

PBOC will avoid any extreme volatility in liquidity

Bank is unlikely to loosen monetary policy & a significant tightening is not necessary

GBP/USD: Bulls target 1.2970 ahead of construction PMI, FOMC

The GBP/USD pair built onto yesterday’s recovery gains beyond 1.29 handle in Asia, now looking to regain 1.2950 barrier amid a broadly subdued US doll
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Oil strengthens on bullish API report

Oil strengthened on both sides of the Atlantic after the American Petroleum Institute (API) reported a bigger-than-expected draw in the US oil invento
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