Tag Archives: Chinese stimulus

China’s central bank, the People’s Bank of China (PBOC), initiated its first swap operations on Monday under a newly established facility aimed at stabilizing the stock market. The PBOC exchanged assets worth 50 billion yuan ($7 billion) with brokerages, fund companies, and insurers as part of the move. In the …

The (XAU/USD) Index exchanges hands in the $2,620s on Tuesday as the yellow metal reaches the floor of its familiar $50 range of recent weeks.Disappointment at the limited extent of fiscal stimulus announced by China on Tuesday is a headwind for Gold, since China is the world’s largest consumer of …

For years, Chinese industrial orders helped create and support thousands of well-paid jobs in Germany. But the Asian giant’s economic slowdown has led to lower demand for German goods and dampened growth prospects.China has long been a key market for German industrial companies, especially in the automotive and machinery sectors.The …

The Greenback navigated quite a bearish session on Thursday, giving away a big chunk of Wednesday’s gains despite higher yields and amidst a persistently firm sentiment in the risk-associated universe. The value of the US Dollar decreased significantly, which was good for riskier investments. The main focus will be on …

The global financial markets experienced a significant surge on Tuesday, buoyed by China’s aggressive stimulus measures and continued interest rate cuts by the Federal Reserve. The S&P 500 and Dow Jones Industrial Average both reached new all-time highs, while Chinese stocks soared in response to the economic stimulus.Key Drivers of …

The WTI climbed above $79.00. The American crude records a four-day winning streak on Tuesday, but the upside may be limited to technical indicators starting to flash overbought conditions.Chinese economic stimulus supported Oil prices while focus in the markets shifts to Wednesday’s Fed decision. Earlier in the day, Chinese news …