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About: anakin

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China permits 60 billion yuan from insurance funds for equities, aiming to enhance financial stability and confidence

China boosts insurance fund equity investments by 60 billion yuan to strengthen markets and stabilize economy.

China’s sovereign fund, Central Huijin, plans enhanced support for local stock markets and reforms

CSRC supports Central Huijin, boosts tech boards, ensures stability, and promotes long-term capital in markets.

The PBOC governor announced a 25 bps reduction in structural policy tool interest rates and banks’ deposits

PBOC cuts key rates, guiding banks to lower deposits amid global uncertainties and economic slowdown concerns.

The pair hovers around 1.1360, showing bullish potential as it tests support near 1.1350

EUR/USD shows bullish momentum above 1.1320 EMA, eyeing 1.1573 resistance within an ascending channel pattern.

In Saudi Arabia, gold prices have decreased, based on recently compiled data from reliable sources

Gold prices in Saudi Arabia dropped as global market trends and currency shifts influence local valuation rates.

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