PBoC: Will launch new policies in appropriate time to counter impact of coronavirus outbreak

Market news

24 February 2020

PBoC: Will launch new policies in appropriate time to counter impact of coronavirus outbreak

Will reduce interest rates on loans to small and micro businesses
Will keep monetary policy more flexible, appropriate

Germany: Ifo surprisingly stable, but don’t get too excited - ING

AUD/USD: Potential downside towards 0.65 – Rabobank

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