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18 May 2020

China to unveil additional monetary policy stimulus – The Daily

Citing some Chinese analysts, The Economic Information Daily reported on Monday, the People’s Bank of China (PBOC) is expected to unveil another raft of expansionary fiscal and monetary policies to stimulate domestic demand.

Key takeaways

"The supply-side recovers faster than the demand side in China."

"The central bank should make more cuts to the reserve ratio at an appropriate time to lower financing costs in the economy."

May 18, 2020

Gold: There’s very little reason to sell – BMO

Analysts at Bank of Montreal (BMO) are out with their outlook on gold, given its last week’s upsurge to fresh multi-year high above $1750 Key quotes “
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May 18, 2020

NZD/USD Price Analysis: Prints moderate gains after biggest weekly loss since March

NZD/USD is currently trading at 0.5955, representing a 0.55% gain on the day. The Kiwi could rise further against the safe-haven US dollar, as the S&P
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