Yi Gang, the Governor of the People’s Bank of China (PBoC), crossed the wires in the last minutes repeating that they will step up counter-cyclical adjustments for the economy and added that they will increase credit support as well. “We will continue to push real lending rates lower,” the governor added. “We will promote capital replenishment for banks to increase lending capability. Stable operation of China’s macroeconomy and financial sector face challenges.” These comments don’t seem to be having an impact on the market sentiment. As of writing, the 10-year US Treasury bond yield was up 0.4% on a daily basis at 1.826%. 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 Gold Technical Analysis: Once again fails near $1475 level, previous support-turned-resistance FX Street 3 years Yi Gang, the Governor of the People's Bank of China (PBoC), crossed the wires in the last minutes repeating that they will step up counter-cyclical adjustments for the economy and added that they will increase credit support as well. "We will continue to push real lending rates lower," the governor added. "We will promote capital replenishment for banks to increase lending capability. Stable operation of China's macroeconomy and financial sector face challenges." These comments don't seem to be having an impact on the market sentiment. As of writing, the 10-year US Treasury bond yield was up 0.4% on a daily… 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.
