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13 Feb 2025

PBOC: Will implement appropriately loose monetary policy

The People’s Bank of China (PBOC) released their fourth-quarter monetary policy implementation report on Thursday.

Key takeaways

Will implement appropriately loose monetary policy.

To keep liquidity ample.             

To adjust and optimise policy strength and pace at appropriate time.

Will promote reasonable rebound of prices, maintain prices at a reasonable level.

Feb 13, 2025

Gold picks up ascent despite risks residing in the background

Gold’s price (XAU/USD) soars again and resumes its rally near $2,920 at the time of writing on Thursday, with Bullion traders shrugging off the United States (US) Consumer Price Index (CPI) data for January released on Wednesday.
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Feb 13, 2025

EUR/USD advances as Russia and Ukraine agree to start peace talks

EUR/USD jumps to near 1.0440 in Thursday’s European trading session.
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