China Cuts Rates, Dollar Under Pressure Amid Risk Appetite, Yen Weakness Continues
China Cuts Rates, Dollar Under Pressure Amid Risk Appetite, Yen Weakness Continues Today, the People’s Bank of China lowered the one-year interest rate from 2.30% to 2.00%. This move is part of previously reported economic stimulus measures and is accelerating a global risk appetite. Chinese and Hong Kong stocks have surged, European stocks are also […]