Recent media speculation has been confirmed today with an announcement from People's Bank of China. Chinese central bank decided to lower reserve requirement ratio by 0.25%. According to PBoC, move will free up 500 billion yuan, slightly less then $70 billion, in long-term liquidity. Cut will become effective on December 5, 2022. Equity markets jumped in a knee-jerk move but gain was quickly erased and now DE30 and US500 trade below pre-announcement prices. CHNComp erased gain and trades flat compared to pre-announcement level.
Source: xStation5
Will Wall Street reach new record high?🗽Highlights from S&P 500 earnings season
Economic calendar: Kevin Warsh hearing and earnings season 🔎
Morning wrap (20.04.2026)
Three Markets To Watch (20.04.2026)