China's Politburo: Will implement a more moderately loose monetary policy
Source Fxstreet
China’s Politburo, the country’s top leadership, met on Monday, with the key highlights noted below.
Will implement more proactive fiscal policy and moderately loose monetary policy.
To enrich and improve policy toolbox.
Must expand domestic demand in all directions.
Must vigorously boost consumption.
To expand opening up to the outside world, stabilize foreign trade and investment.
Will step up "unconventional" counter-cyclical adjustments.
Will enhance support to improve people's livelihoods.
To stablize property and stock markets.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Gold Price Forecast: Will Gold Keep Falling After Dropping Below $4,300 as US-Iran Conflict Drives Up Oil Prices?As of the Asian trading session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, with the latest price hovering around $4,320, down nearly 9% cumulat
As of the Asian trading session on September 2, gold prices (XAUUSD) fell below $4,300 intraday to a low of $4,282.45, with the latest price hovering around $4,320, down nearly 9% cumulat
As of the Asian session on September 2, international oil prices surged, with WTI crude (USOIL) reclaiming $90, and Brent crude (UKOIL) rising above $95, reaching a high of $97.04; meanwh
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, regains positive traction on Tuesday and climbs back above the mid-99.00s during the first half of the European session.
West Texas Intermediate (WTI) oil price gains ground for the second successive day, trading around $85.60 per barrel during the Asian hours on Tuesday.
The US and Iran exchanged direct fire again after more than a month, rapidly escalating shipping risks in the Strait of Hormuz and pushing international oil prices back above $90 a barrel
Related Instrument
