Market Comment | China’s new stimulus drives equity markets higher
Published on Tuesday, June 11, 2019
Market Comment | China’s new stimulus drives equity markets higher
Relief rally in risky assets continued, while safe-haven assets (CHF, JPY and Gold) slightly declined on the back of China’s stimulus.
Key points
- Key points:
- China eased funding restrictions.
- In the US, May core producer prices picked up 2.3% YoY.
- Markets still foresee Fed rate cuts.
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