This continues with their moves from earlier:
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PBOC lowers standing lending facility rates by 10 bps
PBOC lowers standing lending facility rates by 10 bps
- This will apply across all maturities, as announced by China's central bank
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- Philadelphia Fed non-manufacturing service activity for December -6 vs -5.9 last month
- BOJ governor Ueda: We must raise rates if economic, price developments continue to improve
- Atlanta Fed GDPNow Q4 growth estimate remains at 3.1%
- HSBC still sees Fed rate cuts ahead, another 75bp next year. Higher stocks & USD also.
- What is moving the market? Where is the market going?
- Santa Claus stuffs stock market portfolios in a holiday-shortened session
- UBS says the USD value is 'stretched', sell further strength and get into GBP and AUD
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