Gold gains even as US dollar rallies. Haven flows, inflation hedging and CB buying the main drivers. Another record high may be a matter of time. The outlook could change if markets start projecting rate hikes. Gold does not surrender to strong Dollar Gold has been one of those assets that has been trading in
SHANGHAI, Aug 26 (Reuters) – China’s central bank rolled over maturing medium-term loans and injected cash through its liquidity instruments on Monday, underlining market expectations for further easing as the economy struggles to gain traction. The People’s Bank of China (PBOC) said it was keeping the rate on 300 billion yuan ($42.11 billion) worth of
China’s central bank has taken a more vocal stance towards secondary market bond trading, suggesting tough action – punishment of rule violators or direct intervention – could be in the works as it attempts to fend off a domestic bond frenzy and optimise its yield curve, analysts said. The People’s Bank of China said it
BEIJING (Reuters) – China’s central bank will seek to “enrich” its monetary policy toolbox and will gradually increase buying and selling of treasury bonds in its open market operations, its second-quarter monetary policy implementation report said on Friday. The People’s Bank of China (PBOC) will also seek to steadily lower companies’ financing and household credit