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

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  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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