Market Comment |EUR depreciation due to the increased expectations of further stimuli

Summary

  China’s central bank cut interest rates for the sixth time since November. China’s central bank has decided cut the deposit rate to 1.5 from 1.75%, the reserve ratio by 0.5% to 17.5% and the lending rate by 0.25bp to 4.35%. This decision has taken place driven by the slowdown in China’s economy, whose GDP fell […]

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