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Light Feedthrough From PBoC Comments

CROSS ASSET

The previously covered comments from PBoC Governor Pan seem to factor into wider cross-market trade, with U.S. e-mini futures ticking higher and the USD remaining on the backfoot.

  • Core global FI markets are a little less reactive, although you could argue that a want to stimulate Chinese demand is a headwind for core global FI markets, assuming the efforts are successful.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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