Adam had this from the Wall Street Journal in the overnight session: China may replace central bank chief with someone in favor of more stimulus
Adam said;
- The WSJ frames the story saying Zhou has pushed for reforms but the central government wants to ensure growth targets are met. If that’s the case (I’m not so sure) and a new regime that’s more prone to juicing growth is introduced, then it’s a huge potentially positive catalyst for commodity currencies and risk assets.
