• China's Cabinet: China will keep prudent monetary policy appropriate and flexible - Chinese state media

Market news

2 September 2020

China's Cabinet: China will keep prudent monetary policy appropriate and flexible - Chinese state media

  • China will not resort to "flood-like" stimulus and will guide more credit to real economy
  • Cabinet has approved rules on market access for financial holding companies

U.S. weekly mortgage applications drop 2 percent
USD/JPY: Risks now shifted to the downside - UOB
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