Commodities climbed a tad in European session amid speculations of Chinese stimulus. The direct-trading of Japanese yen and Renminbi has also further paved the way for internationalization of the Chinese currency. While the situation in the Eurozone remains uncertain, the market has temporarily shifted the focus to other regions. Moreover, anticipations of improvement in the US consumer confidence lifted market sentiment.
Read the original post:
Sentiment Lifted by Chinese Stimulus Speculations
Leave a Reply
You must be logged in to post a comment.