🟢 Rate Cut: The Bank of Canada has reduced its policy interest rate by 50 basis points, lowering it from 4.25% to 3.75%. 🟢 Market Outlook: Markets are pricing in a 25% chance of another 50 bps cut in December. 🟢 Economic Forecasts: The BoC revises near-term GDP and inflation expectations, adjusti

The People’s Bank of China (PBOC) has unexpectedly cut its benchmark loan prime rates to record lows due to signs of a slowing economic recovery. The one-year loan prime rate was reduced to 3.35% from 3.45%, and the five-year LPR, which affects mortgage prices, was lowered to 3.85% from 3.95%. These

Thống đốc PBOC cũng cho biết Trung Quốc sẽ cắt giảm tỷ lệ dữ trữ bắt buộc (RRR) thêm 0.5% kể từ ngày 5/2. Việc cắt giảm RRR đồng nghĩa với việc có 1 nghìn tỷ Nhân dân tệ được bơm ra thị trường. Đại khái thì phía China đang dấu hiệu cứu trợ thêm tình hình tồi tệ của quốc gia mình. Hiệu ứng mang lại k

A Vice Governor at the People’s Bank of China (PBOC) said on Thursday, the central bank has the ability to maintain stable FX market operations. He said that “we have confidence, conditions and capacity to maintain stable operations of the FX market

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, etc. BUT first, to start off your day with a bang, here's a recap of the important news we think you should r

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho

Good morning traders! This is the official account to find out all the breaking news that may/may not affect your trading decision such as economic policies, political moves, global agendas, and more. BUT first, to start off your day with a bang, here's a recap of the important news we think you sho