Analysts at ANZ explained that China delivered a couple surprises on Friday as markets awaited US jobs data. Key Quotes: “The PBoC reintroduced a 20% reserve requirement for FX forwards (giving risk a sudden boost) followed shortly after by an announcement of retaliatory tariffs on US imports (which saw the market turn more cautious).” “US equities traded well through the news, with the S&P and DJIA up 0.5% as positive earnings reports more than offset the drag from energy on weaker oil prices.” “European shares also closed higher with key indices up 0.3-1.1%. USD was mixed with AUD and JPY outperforming.” “US Treasury yields were lower across the curve as lingering trade concerns likely led to a lift in safe-haven demand.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD: range-bound with a downward bias – Nordera FX Street 5 years Analysts at ANZ explained that China delivered a couple surprises on Friday as markets awaited US jobs data. Key Quotes: "The PBoC reintroduced a 20% reserve requirement for FX forwards (giving risk a sudden boost) followed shortly after by an announcement of retaliatory tariffs on US imports (which saw the market turn more cautious)." "US equities traded well through the news, with the S&P and DJIA up 0.5% as positive earnings reports more than offset the drag from energy on weaker oil prices." "European shares also closed higher with key indices up 0.3-1.1%. USD was mixed with AUD and… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
