Asian equities were mixed overnight as Mainland China outperformed and the US dollar strengthened.
Oil and natural gas prices initiated a rebound after the PBoC’s Loan Prime Rate cuts, but the overall trend remains bearish.
The one-year loan prime rate (LPR) was cut from 3.35% to 3.1%, while the five-year LPR was lowered from 3.85% to 3.6%, the ...
The PBOC announced cuts to banks' reserve requirement ratio by 50 basis points and the benchmark seven-day reverse repo rate ...
China Reduces Loan Prime Rate to Support Economic Growth The Peoples Bank of China (PBOC) announced a cut to its loan prime ...
China cut the one-year loan prime rate (LPR) by 25 basis points (bps) to 3.10% from 3.35%, while the five-year LPR was also ...
Investing.com-- The People’s Bank of China cut its benchmark loan prime rate by slightly more than expected on Monday, with ...
Five-year loan prime rate lowered from 3.85 per cent to 3.6 per cent, the People’s Bank of China said on Monday.
SHANGHAI: China cut benchmark lending rates as anticipated at the monthly fixing on Monday (Oct 21), following reductions to ...
AUD/USD extends recovery gains above 0.6700 in the Asian session on Monday. The PBOC's bigger-than-expected cut to the ...
The People's bank of China has officially announced a reduction in its policy interest rate by 25 basis points, bringing it down to 3.1 percent. This decision, made public on Monday, comes as market ...