The People's Bank of China said that the reserve requirement ratio (or RRR) is currently at an appropriate level.
The signing of “phase 1” of the U.S.-Sino trade deal on Wednesday has allowed traders and analysts worldwide to breathe a sigh of relief.
The Pound Sterling initially edged lower in Wednesday trade after disappointing inflation data ramped up market expectations
The United States and China are set to sign phase 1 of their trade deal on Wednesday.
The Federal Reserve announced on Tuesday its plans to conduct repurchase agreement operations (repo operations) until at least mid February, extending the program that has been in place since September.
According to Theresa May's former advisor Gavin Barwell, a member of the House of Lords, Boris Johnson's Brexit deal gives Brussels what it wanted regarding Northern Ireland.
The Pound Sterling continues to slide during London trade on Tuesday as yet another member of the Monetary Policy Committee of the Bank of England signaled a willingness to lower interest rates
The full details of “phase 1” of the U.S.-Sino won’t be released until Wednesday, but some details have been released to the press.
According to data released by the British government, economic growth reached its slowest pace since June 2012.
The Pound Sterling came under heavy pressure against the greenback and Euro after a policymaker from the Bank of England confirmed he was in favor of an imminent rate cut.
After a week of focusing their attention on the tensions between the United States and Iran, traders and analysts around the world have shifted their attention back to the trade war
Tensions between the United States and Iran seem to be easing back which has resulted in safe haven currencies taking a back seat to higher risk assets.
The Pound Sterling came under heavy pressure and fell close to a 2-week trough versus the greenback after the Mark Carney, the Governor of the Bank of England
The Chinese Commerce Ministry officially announced that the Chinese Vice Premier Liu He will travel to the United States next week in order to sign phase one of the trade deal.
Asian stock markets were broadly higher on Thursday afternoon, reversing two days of a downtrend earlier this week as fears of a war between the United States and Iran eased.