China: Further support for property market aims at credit provision to housing projects – UOB Group
China announced two new measures to stabilise its property market. The ‘whitelist’ property projects loan quota will be expanded to CNY4 tn by end2024 and it targets to renovate 1 million houses in ...
US Dollar extends gains as China hangs in the ropes
The US Dollar is in the green against nearly every G20 peer on the quote board.
European Central Bank expected to cut interest rates again amid falling inflation, lower growth
Following the September policy meeting, the ECB decided to lower the interest rate on the marginal lending facility to 3.9% ...
EUR/USD posts fresh 10-week low ahead of ECB policy meeting
A quarter-to-a-percentage rate cut on Thursday will be the second in a row, pushing the deposit facility rate lower to 3.25%.
Mexican Peso continues downtrend as multiple risks weigh
The Mexican Peso extends its weakness into a fourth day as multiple risks lead traders to press “sell”. Trump Tariff threats, ...
Australian labour market also surprises positively – Commerzbank
This morning, the Australian employment report joined the ranks of countries that have recently reported surprisingly strong ...