The week starts on Tuesday ...Middle East

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The week starts on Tuesday
I coughed coffee all over my keyboard when I saw this from Adam over the weekend:Next week doesn't start until ThursdayOn Tuesday from the Asia time zone we have rate-setting day from the People's Bank of China and also minutes from the most recent Reserve Bank of Australia meeting. The PBoC cut rates in July, surprising some in the market. People's Bank of China cut repo rates on July 22:PBoC announces cut to 7-day reverse repo rate to 1.70% from 1.80%at the same time the Bank lowered collateral requirements for medium term lending facility loansOn the same day they cut LPRs:China cuts 1 and 5 year loan prime rates by 10 basis points eachThen they followed up three days later with a surpris

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