S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe People’s Bank of China (PBoC) withdrew cash from the financial system for the first time in a year, a cautious signal that keeps its policy options open as higher oil prices filter through the economy, as reported by Bloomberg. The central bank drained a total of CNY 890 billion ($129 billion) of liquidity via short-term open market operations in March and absorbed another CNY 250 billion through longer-term tools, including outright reverse repurchase agreements and the medium-term lending facility. According to Bloomberg calculations based on official data, commercial banks likely recorded their first net repayment of PBoC loans since last May. The withdrawal marks an abrupt reversal from months of liquidity buildup, as officials steer the economy amid a rebound in growth at the start of the year and rising oil prices.
