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From morningstar.com|28 hr ago|2 commentsChina's central bank said Friday that it will lower the amount of deposits banks have to set aside, releasing 500 billion yuan ($69.91 billion) of liquidity into an economy struggling with its worst Covid-19 outbreak since 2020. The People's Bank of China said it will cut banks' reserve requirement ratio by 0.25 percentage point, which will bring the ...
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From home.saxo|27 hr agoGold XAUUSD spiked below the 1,735 support level but bounced quickly from the 0.382 Fibonacci retracement at 1,722. RSI is still bullish without divergence indicating higher levels are likely. Gold could test the key resistance at 1,808. If Gold close above 1,808 it has reversed the medium-term down trend. See weekly chart If Gold slides back lower and ...
