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China's yuan firms on midpoint, Beijing vows to keep yuan stable

SHANGHAI, Jan 29- China's yuan edged up against the dollar on Friday and is set for a mild weekly gain after the central bank fixed its daily midpoints stronger over the past week. Beijing has also taken further steps to control the country's capital outflows to support the Chinese currency. The People's Bank of China set the midpoint rate at 6.5516 per dollar...
Source: Reuters
PBOC's RRR move won't be effective: Pro  

Worth Way, chief economist at Evergreen Gavekal, says Beijing is mistaking the real source of pressure on the yuan.
Source: CNBC.com
UPDATE 1-Capital outflows from China eased in Q4-FX regulator

BEIJING, Jan 21- China's foreign exchange regulator tried to reassure worried global investors on Thursday about capital outflows from world's second-largest economy, saying they had eased in the fourth quarter, despite data showing a record drop in foreign exchange reserves in December. Capital outflows have gained momentum since China's surprise...
Source: Reuters
China cash injections could substitute for RRR cut - c.bank economist

BEIJING, Jan 21- Moves by China's central bank to inject over 600 billion yuan in liquidity ahead of the Lunar New Year holidays could substitute for a cut in the amount of cash that banks must hold as reserves, the chief economist at the People's Bank of China was quoted a paper as saying on Thursday. Ma Jun told the China Business News in an interview that PBOC's...
Source: Reuters
WRAPUP 4-China shares slip as oil slides, outweighing stimulus hopes

*Mounting talk of domestic stimulus aids China shares. SHANGHAI, Jan 20- China's volatile stock markets fell more than 1 percent on Wednesday, though mounting chatter about imminent policy stimulus provided some support against the backdrop of a fresh slide in oil prices, which hit stock markets across the globe. On Tuesday, the statistics bureau also released...
Source: Reuters | By: Pete Sweeney and Samuel Shen
WRAPUP 2-China shares fall as oil slides, outweighing stimulus hopes

SHANGHAI, Jan 20- China's volatile stock markets fell more than 1 percent on Wednesday, though mounting chatter about imminent policy stimulus provided some support against the backdrop of a fresh slide in oil prices, which hit stock markets across the globe. The CSI300 index of the largest listed companies in Shanghai and Shenzhen was down 1.6 percent, having...
Source: Reuters | By: Pete Sweeney and Samuel Shen
WRAPUP 1-China shares steady, ears pricked for stimulus chatter

SHANGHAI, Jan 20- China's volatile stock markets were flat early on Wednesday, as mounting chatter about imminent policy stimulus provided support against the backdrop of a fresh slide in oil prices that hit stock markets across the globe. Wall Street had already seen its attempted rally swamped as U.S. crude sank beneath $28 a barrel for the first time since...
Source: Reuters
GLOBAL MARKETS-Europe struggles to lift global gloom

*European stocks up, Asia& Gulf down. *Iran sanction lift hits oil. Britain's FTSE 100 and France's CAC 40 were flat, while Germany's DAX was down 0.2 percent.
Source: Reuters | By: Jamie McGeever
GLOBAL MARKETS-European stocks look to fight out of the global gloom

With U.S. markets closed for the Martin Luther King Day holiday, any hope equity bulls have for a fight back from the worst start to a year ever rest with Europe, where the main indices have lost as much as 10 percent in just two weeks. In early trading on Monday the FTSEuroFirst 300 index of leading shares was up 0.7 percent, Germany's DAX was up 0.6 percent, France's CAC...
Source: Reuters | By: Jamie McGeever
FACTBOX-Timeline of China's steps to stabilise FX, stock markets

Jan 18- China has taken a series of steps to stabilise its foreign exchange market and stock market amid the slowing growth of the world's second largest economy. **Jan 4- China's onshore yuan's trading hours started to last until 11:30 p.m. local time, rather than end at 4:30 p.m., a major reform step that should help onshore and offshore rates converge.
Source: Reuters