A rate cut from China - that's a hefty cut from the Bank
Another central bank rate cut. Aimed at supporting economies in the wake of the coronavirus outbreak and containment response.
The impact 'should' be supportive for risk assets.
The PBOC has cut rates on its 14 day reverse repo to 2.35% (from 2.55%)
Top Brokers
Sponsored
investingLive is a market news and analysis platform that lists and reviews forex brokers for informational use only. We do not provide investment advice or brokerage services. CFDs are complex, high-risk products and may not be suitable for all investors. investingLive is not responsible for any trading losses or decisions made based on content found on our site.
