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Market Comment | China’s new stimulus drives equity markets higher

Tuesday, June 11, 2019

Market Comment | China’s new stimulus drives equity markets higher

Relief rally in risky assets continued, while safe-haven assets (CHF, JPY and Gold) slightly declined on the back of China’s stimulus.

Key points

  • Key points:
  • China eased funding restrictions.
  • In the US, May core producer prices picked up 2.3% YoY.
  • Markets still foresee Fed rate cuts.

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