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27 Dec 2021

China’s Finance Ministry: Will 'appropriately' frontload infrastructure investments

China’s Finance Ministry said in a statement on Monday, it will make infrastructure investments appropriately ahead of time.

Additional quotes

“Will resolutely curb increases in local government hidden debt in 2022.”

“Will make bigger efforts to cut taxes and fees in 2022.”

Market reaction

USD/CNY was last seen trading at 6.3718, up 0.07% on the day, as China’s industrial profits growth eases amid a fall in the raw material prices.

Dec 27, 2021

Turkey Manufacturing Confidence fell from previous 108.4 to 106.1 in December

Turkey Manufacturing Confidence fell from previous 108.4 to 106.1 in December
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Dec 27, 2021

Gold Price Forecast: XAU/USD set to post new December highs

At the beginning of the new week, gold is staying quiet around $1,810. As FXStreet’s Dhwani Mehta notes, XAU/USD awaits a sustained move above $1,815
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