Reports that China is considering injecting US$142bn of capital into top banks | Forexlive

China news headline from Bloomberg and Reuters.

China injected capital into big banks during the global financial crisis back in 2008. That was the last time it did so. Pondering doing it again now.

This sort of stuff is very positive for ‘risk’, at least for a trade. Folks will always worry that its not enough, more fiscal support is needed etc. But, headlines move markets.