The People’s Bank of China’s (PBoC) said on Wednesday that the prudent monetary policy will be more flexible and targeted and added that it will stabilise land prices, home prices and property market expectations. “The PBoC will keep liquidity appropriately ample,” the bank further noted, as reported by Reuters. “PBoC expects macro leverage ratio to gradually return to a reasonable level.” Market reaction These headlines don’t seem to be having a significant impact on market sentiment. As of writing, the S&P 500 futures were posting small daily gains at 3,318. 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 USD/CHF hangs near multi-year lows, below 0.9100 mark FX Street 2 years The People’s Bank of China’s (PBoC) said on Wednesday that the prudent monetary policy will be more flexible and targeted and added that it will stabilise land prices, home prices and property market expectations. "The PBoC will keep liquidity appropriately ample," the bank further noted, as reported by Reuters. "PBoC expects macro leverage ratio to gradually return to a reasonable level." Market reaction These headlines don't seem to be having a significant impact on market sentiment. As of writing, the S&P 500 futures were posting small daily gains at 3,318. 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.
