China keeps Loan Prime Rates steady; PBoC balances economic growth, price stability, and financial reform efforts.
The People’s Bank of China maintains 3.1% interest rate, reflecting market expectations amid economic uncertainties.
China keeps loan prime rates unchanged: 1-year at 3.10%, 5-year remains steady at 3.60%.
EUR/USD hits 1.1485 high as USD weakens on trade tensions, Fed cut expectations, and tariff concerns.
Gold prices rose $41 to $3368 today after dip-buyers spurred a rally following last week’s decline.
Gold rises to $3,350 amid geopolitical tensions, central bank demand, and lingering uncertainty over U.S. policies.
Tesla faces pressure from weak deliveries, shrinking margins, global tensions, and investor uncertainty ahead of earnings.
US dollar weakens amid policy concerns; USD/JPY drops, eyes further decline toward key September low.
AUD/USD rises on weaker USD, China tariff exemptions, stable PBoC rates, and strong iron ore demand.
Oil collapsed to -$37.63 in May 2020; Essex traders scored $660 million amid market chaos.
